Aviva plc (AV) Receives Average Recommendation of “Buy” from Analysts

Shares of Aviva plc (LON:AV) have been given an average rating of “Buy” by the nineteen research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 567.94 ($7.70).

A number of equities analysts recently weighed in on AV shares. JPMorgan Chase & Co. decreased their price objective on Aviva from GBX 624 ($8.46) to GBX 617 ($8.37) and set an “overweight” rating on the stock in a report on Monday, October 23rd. Morgan Stanley reissued an “overweight” rating and set a GBX 627 ($8.50) price objective (down from GBX 670 ($9.09)) on shares of Aviva in a report on Friday, November 3rd. Barclays raised Aviva to an “overweight” rating and raised their price objective for the company from GBX 509 ($6.90) to GBX 567 ($7.69) in a report on Friday, October 27th. Jefferies Group reissued a “buy” rating and set a GBX 606 ($8.22) price objective on shares of Aviva in a report on Friday, December 8th. Finally, Citigroup reissued a “buy” rating on shares of Aviva in a report on Monday, November 13th.

Shares of Aviva (LON:AV) opened at GBX 534.80 ($7.25) on Friday. Aviva has a 1-year low of GBX 467.31 ($6.34) and a 1-year high of GBX 570.50 ($7.74). The firm has a market capitalization of $21,460.00 and a PE ratio of 1,980.74.

In other Aviva news, insider Patricia Cross acquired 2,731 shares of the business’s stock in a transaction dated Friday, December 22nd. The shares were purchased at an average cost of GBX 507 ($6.88) per share, for a total transaction of £13,846.17 ($18,777.01). Also, insider Keith Williams acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, December 20th. The stock was acquired at an average price of GBX 503 ($6.82) per share, for a total transaction of £50,300 ($68,212.64). Over the last 90 days, insiders have purchased 12,820 shares of company stock worth $6,460,060.

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About Aviva

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.

Analyst Recommendations for Aviva (LON:AV)

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