Aviva’s (AV) Buy Rating Reaffirmed at Jefferies Group
Aviva (LON:AV)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Group in a research note issued on Friday. They presently have a GBX 606 ($8.16) target price on the stock. Jefferies Group’s price objective points to a potential upside of 20.12% from the stock’s previous close.
A number of other brokerages also recently commented on AV. Morgan Stanley upped their target price on Aviva from GBX 601 ($8.09) to GBX 627 ($8.44) and gave the company an “overweight” rating in a report on Thursday, August 10th. Shore Capital restated a “hold” rating on shares of Aviva in a report on Thursday, November 30th. restated a “hold” rating and set a GBX 550 ($7.40) target price on shares of Aviva in a report on Monday, September 4th. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 617 ($8.30) target price on shares of Aviva in a report on Sunday, October 29th. Finally, Barclays upgraded Aviva to an “overweight” rating and upped their target price for the company from GBX 509 ($6.85) to GBX 567 ($7.63) in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 567.88 ($7.64).
Shares of Aviva (LON:AV) opened at GBX 504.50 ($6.79) on Friday. Aviva has a 12-month low of GBX 439 ($5.91) and a 12-month high of GBX 570.50 ($7.68).
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Aviva Company Profile
Aviva plc is a holding company. The Company provides customers with long-term insurance and savings, general and health insurance, and fund management products and services. Its segments include United Kingdom & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia; Aviva Investors, and Other Group activities.
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