Aviva’s (AV) “Buy” Rating Reiterated at Berenberg Bank

Aviva (LON:AV)‘s stock had its “buy” rating restated by Berenberg Bank in a research note issued on Thursday,Digital Look reports. They currently have a GBX 800 price target on the stock. Berenberg Bank’s price target would indicate a potential upside of 27.55% from the company’s previous close.

A number of other equities analysts also recently weighed in on the stock. UBS Group reissued a “buy” rating and set a GBX 750 target price on shares of Aviva in a research note on Monday, May 11th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 770 target price on shares of Aviva in a research note on Monday, May 18th. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 637 target price on shares of Aviva in a research note on Friday, May 15th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 720.38.

Aviva Price Performance

Shares of AV opened at GBX 627.20 on Thursday. Aviva has a 1 year low of GBX 390.70 and a 1 year high of GBX 510.20. The company has a market capitalization of £16.85 billion, a price-to-earnings ratio of 12.93, a price-to-earnings-growth ratio of 2.01 and a beta of 0.63. The business has a 50-day moving average of GBX 624.80 and a 200-day moving average of GBX 644.78.

Aviva (LON:AV) last issued its quarterly earnings data on Thursday, March 5th. The company reported GBX 26.90 earnings per share (EPS) for the quarter. Aviva had a return on equity of 10.20% and a net margin of 1.82%. As a group, sell-side analysts anticipate that Aviva will post 46.4942529 EPS for the current year.

Insider Buying and Selling at Aviva

In related news, insider Amanda Blanc purchased 10,258 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was purchased at an average cost of GBX 621 per share, with a total value of £63,702.18. Also, insider Pippa Lambert purchased 242 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was bought at an average cost of GBX 616 per share, with a total value of £1,490.72. Over the last ninety days, insiders purchased 17,814 shares of company stock valued at $11,068,347. Corporate 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.