Aviva plc (AV) Given Average Recommendation of “Buy” by Brokerages
Aviva plc (LON:AV) has been assigned an average rating of “Buy” from the eighteen analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 566.21 ($7.44).
A number of research analysts have weighed in on AV shares. Jefferies Group LLC raised their price target on Aviva plc from GBX 600 ($7.89) to GBX 606 ($7.97) and gave the company a “buy” rating in a research note on Thursday, August 31st. Panmure Gordon restated a “buy” rating and issued a GBX 635 ($8.35) price target on shares of Aviva plc in a research note on Thursday, August 3rd. Deutsche Bank AG restated a “buy” rating and issued a GBX 585 ($7.69) price target on shares of Aviva plc in a research note on Wednesday, July 26th. Barclays PLC restated an “equal weight” rating and issued a GBX 504 ($6.63) price target on shares of Aviva plc in a research note on Wednesday, June 28th. Finally, HSBC Holdings plc restated a “hold” rating and issued a GBX 550 ($7.23) price target on shares of Aviva plc in a research note on Monday, September 4th.
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In related news, insider Tom Stoddard sold 53,325 shares of the business’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of GBX 536 ($7.05), for a total value of £285,822 ($375,784.91). Also, insider Glyn Barker acquired 11,000 shares of the company’s stock in a transaction on Friday, September 22nd. The stock was bought at an average cost of GBX 505 ($6.64) per share, with a total value of £55,550 ($73,034.45). Insiders purchased a total of 13,666 shares of company stock valued at $6,883,773 over the last 90 days.
Shares of Aviva plc (AV) opened at 492.60 on Thursday. Aviva plc has a 12 month low of GBX 411.30 and a 12 month high of GBX 570.50. The company’s market cap is GBX 19.96 billion. The firm’s 50-day moving average price is GBX 508.51 and its 200-day moving average price is GBX 523.34.
The company also recently declared a dividend, which will be paid on Friday, November 17th. Investors of record on Thursday, October 5th will be paid a GBX 8.40 ($0.11) dividend. The ex-dividend date is Thursday, October 5th. This represents a yield of 1.6%.
About Aviva plc
Aviva plc is a holding company. The Company provides customers with long-term insurance and savings, general and health insurance, and fund management products and services. Its segments include United Kingdom & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia; Aviva Investors, and Other Group activities.
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