Aviva plc (AV) Price Target Lowered to GBX 617 at J P Morgan Chase & Co
Aviva plc (LON:AV) had its price target dropped by equities researchers at J P Morgan Chase & Co from GBX 624 ($8.29) to GBX 617 ($8.20) in a report released on Monday. The firm presently has an “overweight” rating on the stock. J P Morgan Chase & Co’s price target would indicate a potential upside of 22.06% from the company’s previous close.
Several other analysts also recently weighed in on the stock. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 585 ($7.77) price target on shares of Aviva plc in a research note on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 525 ($6.98) price target on shares of Aviva plc in a research note on Tuesday, September 12th. Macquarie reaffirmed an “outperform” rating on shares of Aviva plc in a research note on Tuesday, September 12th. Barclays PLC lifted their price target on shares of Aviva plc from GBX 504 ($6.70) to GBX 509 ($6.76) and gave the company an “equal weight” rating in a research note on Monday, September 11th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 606 ($8.05) price target on shares of Aviva plc in a research note on Friday, September 8th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company. Aviva plc has an average rating of “Buy” and a consensus target price of GBX 568.53 ($7.55).
Aviva plc (LON AV) opened at 505.85 on Monday. The stock’s market cap is GBX 20.50 billion. The firm’s 50 day moving average price is GBX 504.60 and its 200-day moving average price is GBX 521.96. Aviva plc has a 12-month low of GBX 411.30 and a 12-month high of GBX 570.50.
In other Aviva plc news, insider Patricia Cross bought 2,609 shares of the firm’s stock in a transaction that occurred on Wednesday, October 4th. The stock was bought at an average cost of GBX 498 ($6.62) per share, for a total transaction of £12,992.82 ($17,263.91). Also, insider Tom Stoddard sold 53,325 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of GBX 536 ($7.12), for a total transaction of £285,822 ($379,779.43). Insiders have bought 13,696 shares of company stock worth $6,898,713 over the last three months.
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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