Aviva plc (LON:AV) Stock Rated “Moderate Buy” by Wall Street Brokerages

Aviva plc (LON:AV) has been assigned a consensus rating of “Moderate Buy” from the seven research firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 760.71.

A number of equities research analysts have commented on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 780 price target on shares of Aviva in a research report on Monday, September 7th. Citigroup increased their price target on Aviva from GBX 671 to GBX 721 and gave the company a “neutral” rating in a research note on Wednesday, August 26th. JPMorgan Chase & Co. raised their price objective on Aviva from GBX 715 to GBX 800 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 694 price objective on shares of Aviva in a research note on Tuesday, October 20th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 820 target price on shares of Aviva in a report on Monday, October 19th.

Insider Transactions at Aviva

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

Aviva Stock Performance

LON AV opened at GBX 733.80 on Tuesday. The company has a market capitalization of £19.72 billion, a price-to-earnings ratio of 15.12, a PEG ratio of 2.01 and a beta of 0.62. The company has a quick ratio of 1.57, a current ratio of 0.26 and a debt-to-equity ratio of 67.98. Aviva has a twelve month low of GBX 390.70 and a twelve month high of GBX 510.20. The stock has a fifty day simple moving average of GBX 708.24 and a 200 day simple moving average of GBX 661.75.

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.