Jefferies Group Increases Aviva plc (AV) Price Target to GBX 501
Aviva plc (LON:AV) had its target price raised by equities research analysts at Jefferies Group from GBX 450 ($5.87) to GBX 501 ($6.54) in a report issued on Thursday. The brokerage presently has a “buy” rating on the stock. Jefferies Group’s target price would suggest a potential upside of 11.91% from the stock’s previous close.
Several other equities analysts have also weighed in on AV. BNP Paribas restated an “underperform” rating and set a GBX 440 ($5.74) target price on shares of Aviva plc in a report on Wednesday, May 25th. Macquarie reaffirmed a “neutral” rating and issued a GBX 502 ($6.55) price target on shares of Aviva plc in a research report on Tuesday, May 31st. Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a GBX 615 ($8.03) price target on shares of Aviva plc in a research report on Wednesday, June 1st. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 610 ($7.96) price target (down from GBX 620 ($8.09)) on shares of Aviva plc in a research report on Wednesday, June 1st. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 596 ($7.78) price target on shares of Aviva plc in a research report on Friday, June 17th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company’s stock. Aviva plc presently has an average rating of “Hold” and a consensus price target of GBX 520.74 ($6.80).
Shares of Aviva plc (LON:AV) opened at 451.616 on Thursday. The firm’s market cap is GBX 18.29 billion. Aviva plc has a 52 week low of GBX 290.00 and a 52 week high of GBX 522.50. The firm’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 Mire,Michael acquired 35,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 31st. The stock was purchased at an average price of GBX 432 ($5.64) per share, for a total transaction of £151,200 ($197,363.27). Also, insider Stoddard,Tom acquired 51,527 shares of the company’s stock in a transaction that occurred on Tuesday, August 30th. The stock was bought at an average price of GBX 509 ($6.64) per share, with a total value of £262,272.43 ($342,347.51).
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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