Aviva (OTCMKTS:AVVIY) Raised to Strong-Buy at Berenberg Bank

Aviva (OTCMKTS:AVVIY) was upgraded by research analysts at Berenberg Bank to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

AVVIY has been the topic of a number of other reports. Jefferies Financial Group downgraded shares of Aviva from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Wall Street Zen downgraded shares of Aviva from a “buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Aviva presently has an average rating of “Moderate Buy”.

Aviva Stock Down 2.0%

OTCMKTS AVVIY opened at $16.50 on Thursday. Aviva has a 1-year low of $15.62 and a 1-year high of $19.40. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.50. The firm’s fifty day simple moving average is $16.78 and its 200-day simple moving average is $17.47.

About Aviva

Aviva plc (OTCMKTS:AVVIY) is a UK-based multinational insurance company headquartered in London that provides a broad range of life and general insurance products, retirement solutions and investment management services. The company operates a diversified insurance business that includes individual and group life protection, health and income protection, home and motor insurance, workplace benefits, pensions and savings products. Aviva also offers asset management services through its investment arm, which manages assets on behalf of its insurance businesses and third-party clients.

Aviva traces its identity to a series of mergers and the consolidation of longstanding insurers, and it uses the Aviva brand across its operating markets.