AVIVA PLC/ADR (AVVIY) Stock Rating Lowered by Zacks Investment Research
AVIVA PLC/ADR (OTCMKTS:AVVIY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Monday.
According to Zacks, “Aviva has established a competitive position in North America. In the US, the world’s largest savings market, Aviva is the leading provider of indexed annuity and indexed life insurance products. Its principal activity is the provision of financial products and services, focused on the following lines of business: long-term insurance and savings business, fund management and general insurance and health. The company’s business is managed on a geographic basis through a regional management structure based on four regions, U.K., Europe, North America and Asia Pacific. The four regions function as five operating segments as, due to the size of the U.K. region, it is split into two operating segments, U.K. Life and U.K. General Insurance, which undertake long term insurance and savings business and general insurance respectively. “
Separately, Royal Bank of Canada raised shares of AVIVA PLC/ADR from an “outperform” rating to a “top pick” rating in a report on Tuesday, December 11th.
AVIVA PLC/ADR Company Profile
Aviva plc provides various insurance and savings products primarily in the United Kingdom, rest of Europe, Canada, and Asia. The company offers life insurance, long term health and accident insurance, pension, and annuity products; and lifetime mortgage products. It also provides insurance cover to individuals, and small and medium-sized businesses for risks associated primarily with motor vehicles, property, and medical expenses, as well as liabilities, such as employers' and professional indemnity liabilities.
Further Reading: Trading Stocks – What are percentage gainers?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for AVIVA PLC/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AVIVA PLC/ADR and related companies with MarketBeat.com's FREE daily email newsletter.