Aviva plc (AV) Price Target Increased to GBX 627 by Analysts at Morgan Stanley
Aviva plc (LON:AV) had its target price lifted by equities research analysts at Morgan Stanley from GBX 601 ($7.83) to GBX 627 ($8.17) in a research note issued on Thursday. The firm presently has an “overweight” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 19.31% from the stock’s current price.
Several other equities research analysts have also issued reports on the stock. Societe Generale reduced their price objective on shares of Aviva plc from GBX 525 ($6.84) to GBX 520 ($6.77) and set a “hold” rating for the company in a research note on Tuesday. Macquarie lifted their price objective on shares of Aviva plc from GBX 598 ($7.79) to GBX 608 ($7.92) and gave the company an “outperform” rating in a research note on Tuesday. J P Morgan Chase & Co lifted their price objective on shares of Aviva plc from GBX 616 ($8.02) to GBX 624 ($8.13) and gave the company an “overweight” rating in a research note on Friday, August 4th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 635 ($8.27) price objective on shares of Aviva plc in a research note on Thursday, August 3rd. Finally, Shore Capital reaffirmed a “hold” rating on shares of Aviva plc in a research note on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 557.75 ($7.26).
Shares of Aviva plc (LON AV) opened at 525.00 on Thursday. The company has a 50-day moving average price of GBX 532.29 and a 200 day moving average price of GBX 522.21. The firm’s market capitalization is GBX 21.30 billion. Aviva plc has a one year low of GBX 411.08 and a one year high of GBX 570.50.
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In other news, insider Tom Stoddard sold 53,325 shares of the business’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of GBX 536 ($6.98), for a total transaction of £285,822 ($372,212.53). In the last 90 days, insiders have bought 84 shares of company stock worth $44,940.
Aviva plc 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.
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