Aviva (LON:AV) Given New GBX 715 Price Target at JPMorgan Chase & Co.

Aviva (LON:AV) had its price objective lowered by JPMorgan Chase & Co. from GBX 725 to GBX 715 in a report published on Friday,Digital Look reports. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also issued reports on AV. Berenberg Bank reissued a “buy” rating and issued a GBX 800 price target on shares of Aviva in a research report on Thursday. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 770 price objective on shares of Aviva in a report on Monday, May 18th. UBS Group restated a “buy” rating and issued a GBX 750 price objective on shares of Aviva in a report on Monday, May 11th. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 637 price objective on shares of Aviva in a report on Friday, May 15th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 719.13.

Aviva Price Performance

LON AV opened at GBX 613.20 on Friday. The company has a 50 day simple moving average of GBX 624.11 and a 200-day simple moving average of GBX 644.31. The firm has a market capitalization of £16.48 billion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 2.01 and a beta of 0.63. Aviva has a 52-week low of GBX 390.70 and a 52-week high of GBX 510.20.

Aviva (LON:AV) last posted its quarterly earnings results on Thursday, March 5th. The company reported GBX 26.90 earnings per share (EPS) for the quarter. Aviva had a net margin of 1.82% and a return on equity of 10.20%. On average, analysts predict that Aviva will post 46.4942529 EPS for the current year.

Insider Buying and Selling at Aviva

In other Aviva news, insider Charlotte Jones sold 222,480 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of GBX 610, for a total transaction of £1,357,128. Also, insider Amanda Blanc sold 560,817 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of GBX 610, for a total value of £3,420,983.70. Insiders have purchased a total of 17,814 shares of company stock worth $11,068,347 over the last 90 days. Insiders own 0.17% of the company’s stock.

Aviva Company Profile

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products. It also provides insurance cover to individuals, small and medium-sized businesses for risks associated with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.