Aviva plc’s (AV) Underperform Rating Reaffirmed at BNP Paribas
Aviva plc (LON:AV)‘s stock had its “underperform” rating restated by BNP Paribas in a research note issued on Thursday. They currently have a GBX 400 ($5.22) target price on the stock. BNP Paribas’ price objective would suggest a potential downside of 10.65% from the company’s previous close.
A number of other equities research analysts have also recently commented on the company. Jefferies Group increased their target price on Aviva plc from GBX 450 ($5.87) to GBX 501 ($6.54) and gave the company a “buy” rating in a report on Thursday. Barclays PLC reiterated an “equal weight” rating and set a GBX 421 ($5.50) target price on shares of Aviva plc in a report on Friday, September 16th. HSBC increased their target price on Aviva plc from GBX 435 ($5.68) to GBX 465 ($6.07) and gave the company a “hold” rating in a report on Wednesday, September 14th. Royal Bank Of Canada reiterated an “underperform” rating and set a GBX 460 ($6.00) target price on shares of Aviva plc in a report on Wednesday, September 14th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a GBX 460 ($6.00) target price on shares of Aviva plc in a report on Wednesday, September 14th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and thirteen have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 520.74 ($6.80).
Aviva plc (LON:AV) opened at 455.04 on Thursday. Aviva plc has a 1-year low of GBX 290.00 and a 1-year high of GBX 522.50. The firm’s market capitalization is GBX 18.43 billion. The company’s 50-day moving average price is GBX 425.14 and its 200 day moving average price is GBX 425.95.
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In related news, insider Stoddard,Tom bought 51,527 shares of the company’s stock in a transaction that occurred on Tuesday, August 30th. The shares were bought at an average price of GBX 509 ($6.64) per share, for a total transaction of £262,272.43 ($342,347.51). Also, insider Montague,Adrian bought 7,000 shares of the company’s stock in a transaction that occurred on Thursday, August 4th. The shares were bought at an average price of GBX 407 ($5.31) per share, for a total transaction of £28,490 ($37,188.36).
Aviva plc Company Profile
Aviva plc is the holding company of the Aviva Group. The Company provides customers with long-term insurance and savings, general and health insurance, and fund management products and services. The Company’s segments include UK & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia, and Aviva Investors.
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