Aviva (LON:AV) Earns “Buy” Rating from Berenberg Bank

Aviva (LON:AV)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a research report issued to clients and investors on Monday, MarketBeat.com reports. They currently have a GBX 820 target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 15.72% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. lifted their target price on shares of Aviva from GBX 715 to GBX 800 and gave the company an “overweight” rating in a report on Thursday, August 13th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 780 price target on shares of Aviva in a report on Monday, September 7th. Finally, Citigroup raised their price target on shares of Aviva from GBX 671 to GBX 721 and gave the company a “neutral” rating in a research report on Wednesday, August 26th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Aviva has a consensus rating of “Moderate Buy” and an average target price of GBX 760.71.

Aviva Trading Down 0.6%

Aviva stock opened at GBX 708.60 on Monday. The company has a current ratio of 0.26, a quick ratio of 1.57 and a debt-to-equity ratio of 67.98. Aviva has a 12 month low of GBX 390.70 and a 12 month high of GBX 510.20. The stock’s 50 day simple moving average is GBX 708.63 and its two-hundred day simple moving average is GBX 666.66. The firm has a market cap of £19.04 billion, a PE ratio of 14.60, a P/E/G ratio of 2.01 and a beta of 0.62.

Insider Buying and Selling

In other news, insider Pippa Lambert acquired 210 shares of the business’s stock in a transaction on Tuesday, September 15th. The stock was bought at an average cost of GBX 710 per share, for a total transaction of £1,491. In the last ninety days, insiders purchased 484 shares of company stock worth $348,286. 0.17% of the stock is currently owned by insiders.

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.