Aviva plc (LON:AV) Receives Average Rating of “Hold” from Brokerages

Aviva plc (LON:AV) has received an average recommendation of “Hold” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 719.12.

AV has been the topic of a number of analyst reports. JPMorgan Chase & Co. dropped their price objective on shares of Aviva from GBX 725 to GBX 715 and set a “neutral” rating on the stock in a research note on Friday, May 29th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 770 target price on shares of Aviva in a research note on Monday, May 18th. UBS Group reaffirmed a “buy” rating and set a GBX 750 price target on shares of Aviva in a report on Monday, May 11th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 637 price target on shares of Aviva in a research note on Friday, May 15th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 800 price target on shares of Aviva in a research note on Friday, June 12th.

Aviva Stock Performance

Aviva stock opened at GBX 672.60 on Friday. The firm has a market capitalization of £18.07 billion, a PE ratio of 13.86, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62. Aviva has a one year low of GBX 390.70 and a one year high of GBX 510.20. The stock’s 50 day moving average price is GBX 634.85 and its 200 day moving average price is GBX 640.04. The company has a debt-to-equity ratio of 85.66, a quick ratio of 1.57 and a current ratio of 0.26.

Key Stories Impacting Aviva

Here are the key news stories impacting Aviva this week:

• Positive Sentiment: Two insiders bought Aviva shares this week, a bullish signal that may support sentiment. Aviva Insider Buys 36 Shares of Stock
• Neutral Sentiment: Aviva’s stock has also been the subject of analyst coverage, with ratings mixed overall and a consensus view around “Hold,” suggesting limited near-term consensus on direction.
• Negative Sentiment: News about a suspected scam targeting Aviva shareholders could weigh on sentiment by raising investor caution and potentially distracting from the company’s fundamentals. UK regulator eyes Litani circling Aviva shareholders

Insider Activity

In other Aviva news, insider Pippa Lambert purchased 226 shares of the business’s stock in a transaction that occurred on Wednesday, July 15th. The shares were acquired at an average price of GBX 662 per share, for a total transaction of £1,496.12. Also, insider Amanda Blanc purchased 10,258 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average price of GBX 621 per share, for a total transaction of £63,702.18. Insiders have bought 17,620 shares of company stock valued at $10,951,480 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.