JPMorgan Chase & Co. Issues Positive Forecast for Aviva (LON:AV) Stock Price

Aviva (LON:AV) had its target price lifted by equities research analysts at JPMorgan Chase & Co. from GBX 715 to GBX 800 in a report issued on Thursday,Digital Look reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 13.64% from the stock’s current price.

A number of other equities analysts have also weighed in on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 780 target price on shares of Aviva in a research report on Wednesday, July 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 reissued a “hold” rating and issued a GBX 637 price target on shares of Aviva in a research report on Friday, May 15th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 800 price target on shares of Aviva in a research note on Friday, June 12th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Aviva presently has an average rating of “Moderate Buy” and an average target price of GBX 731.

Aviva Stock Up 1.0%

Shares of LON:AV opened at GBX 704 on Thursday. The business’s 50 day simple moving average is GBX 660.04 and its two-hundred day simple moving average is GBX 641.29. The firm has a market cap of £18.92 billion, a P/E ratio of 14.51, a PEG ratio of 2.01 and a beta of 0.62. The company has a debt-to-equity ratio of 85.66, a quick ratio of 1.57 and a current ratio of 0.26. Aviva has a 52-week low of GBX 390.70 and a 52-week high of GBX 510.20.

Insider Buying and Selling at Aviva

In related news, insider Amanda Blanc purchased 10,258 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of GBX 621 per share, with a total value of £63,702.18. Also, insider Pippa Lambert purchased 226 shares of Aviva stock in a transaction that occurred on Wednesday, July 15th. The shares were bought at an average price of GBX 662 per share, with a total value of £1,496.12. Over the last ninety days, insiders have bought 17,620 shares of company stock valued at $10,951,480. 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.