Aviva (AV) Rating Increased to Overweight at Barclays

Aviva (LON:AV) was upgraded by equities research analysts at Barclays to an “overweight” rating in a research report issued on Thursday. The firm currently has a GBX 571 ($8.02) price objective on the stock, up from their prior price objective of GBX 567 ($7.96). Barclays’ target price would indicate a potential upside of 11.00% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Citigroup restated a “buy” rating on shares of Aviva in a research report on Monday, November 13th. Deutsche Bank restated a “buy” rating and set a GBX 585 ($8.22) target price on shares of Aviva in a research report on Tuesday, October 10th. Jefferies Group restated a “buy” rating and set a GBX 606 ($8.51) target price on shares of Aviva in a research report on Friday, December 8th. Shore Capital restated a “hold” rating on shares of Aviva in a research report on Thursday, November 30th. Finally, HSBC decreased their target price on Aviva from GBX 550 ($7.72) to GBX 535 ($7.51) and set a “hold” rating for the company in a research report on Thursday, November 23rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of GBX 570.53 ($8.01).

Aviva (LON AV) opened at GBX 514.40 ($7.22) on Thursday. The stock has a market capitalization of $20,590.00 and a PE ratio of 1,905.19. Aviva has a 12-month low of GBX 476.10 ($6.69) and a 12-month high of GBX 570.50 ($8.01).

In related news, insider Keith Williams acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, December 20th. The shares were bought at an average price of GBX 503 ($7.06) per share, for a total transaction of £50,300 ($70,636.15). Also, insider Patricia Cross acquired 2,731 shares of the company’s stock in a transaction dated Friday, December 22nd. The shares were bought at an average price of GBX 507 ($7.12) per share, for a total transaction of £13,846.17 ($19,444.14). Insiders acquired a total of 12,820 shares of company stock worth $6,460,060 in the last 90 days.

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Aviva Company Profile

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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