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

Aviva (LON:AV)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a report issued on Friday,London Stock Exchange reports. They currently have a GBX 800 target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 27.43% from the company’s current price.

AV has been the topic of several other reports. JPMorgan Chase & Co. decreased their target price on shares of Aviva from GBX 725 to GBX 715 and set a “neutral” rating on the stock in a report on Friday, May 29th. UBS Group reiterated a “buy” rating and issued a GBX 750 target price on shares of Aviva in a report on Monday, May 11th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 637 target price on shares of Aviva in a report on Friday, May 15th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 770 target price on shares of Aviva in a report on Monday, May 18th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 719.13.

Aviva Trading Up 1.4%

LON:AV traded up GBX 8.80 on Friday, hitting GBX 627.80. The stock had a trading volume of 5,543,444 shares. The company has a quick ratio of 1.57, a current ratio of 0.26 and a debt-to-equity ratio of 85.66. The stock has a market cap of £16.87 billion, a price-to-earnings ratio of 12.94, a PEG ratio of 2.01 and a beta of 0.62. The company has a fifty day moving average price of GBX 623.90 and a two-hundred day moving average price of GBX 641.01. Aviva has a 1-year low of GBX 390.70 and a 1-year high of GBX 510.20.

Insider Activity

In other news, insider Charlotte Jones sold 222,480 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of GBX 610, for a total value of £1,357,128. Also, insider Pippa Lambert purchased 242 shares of Aviva stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of GBX 616 per share, for a total transaction of £1,490.72. In the last three months, insiders have purchased 17,585 shares of company stock valued at $10,923,161. Company insiders own 0.17% of the company’s stock.

About Aviva

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.