Insider Buying: Aviva (LON:AV) Insider Purchases £249.55 in Stock

Aviva plc (LON:AV) insider Charlotte Jones purchased 35 shares of the firm’s stock in a transaction on Tuesday, September 15th. The shares were purchased at an average cost of GBX 713 per share, with a total value of £249.55.

Charlotte Jones also recently made the following trade(s):

• On Monday, August 17th, Charlotte Jones purchased 34 shares of Aviva stock. The shares were acquired at an average cost of GBX 729 per share, for a total transaction of £247.86.
• On Wednesday, July 15th, Charlotte Jones purchased 36 shares of Aviva stock. The stock was acquired at an average price of GBX 660 per share, with a total value of £237.60.

Aviva Trading Up 0.4%

AV stock opened at GBX 714.60 on Thursday. Aviva plc has a 52-week low of GBX 390.70 and a 52-week high of GBX 510.20. The company has a quick ratio of 1.57, a current ratio of 0.26 and a debt-to-equity ratio of 67.98. The firm has a market cap of £19.20 billion, a P/E ratio of 14.73, a PEG ratio of 2.01 and a beta of 0.62. The company’s 50-day simple moving average is GBX 702.06 and its 200-day simple moving average is GBX 655.79.

Analysts Set New Price Targets

A number of brokerages have issued reports on AV. Berenberg Bank increased their price target on Aviva from GBX 800 to GBX 820 and gave the stock a “buy” rating in a research report on Monday, August 17th. Citigroup boosted their price objective on Aviva from GBX 671 to GBX 721 and gave the company a “neutral” rating in a research report on Wednesday, August 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 780 target price on shares of Aviva in a research note on Monday, September 7th. Finally, JPMorgan Chase & Co. increased their target price on Aviva from GBX 715 to GBX 800 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Five analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 739.75.

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.