Aviva (LON:AV) Shares Up 1.8% – Should You Buy?

Aviva plc (LON:AV)’s share price rose 1.8% during trading on Wednesday . The stock traded as high as GBX 638.30 and last traded at GBX 638.30. Approximately 11,220,517 shares changed hands during trading, The stock had previously closed at GBX 627.20.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft started coverage on Aviva in a report on Wednesday, January 7th. They issued a “buy” rating and a GBX 760 target price on the stock. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 711.20.

Aviva Stock Up 1.8%

The business has a fifty day simple moving average of GBX 633.19 and a two-hundred day simple moving average of GBX 653.93. The company has a market cap of £17.15 billion, a P/E ratio of 13.16, a P/E/G ratio of 2.01 and a beta of 0.63.

Aviva (LON:AV) last posted its earnings results on Thursday, March 5th. The company reported GBX 26.90 earnings per share for the quarter. Aviva had a return on equity of 10.20% and a net margin of 1.82%. On average, equities analysts predict that Aviva plc will post 46.4942529 EPS for the current fiscal year.

Insider Buying and Selling at Aviva

In related news, insider Pippa Lambert acquired 230 shares of the firm’s stock in a transaction dated Monday, February 16th. The shares were purchased at an average price of GBX 632 per share, with a total value of £1,453.60. Also, insider Amanda Blanc sold 560,817 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of GBX 610, for a total value of £3,420,983.70. Over the last 90 days, insiders have bought 673 shares of company stock valued at $435,852. 0.17% of the stock is owned by company insiders.

Aviva Company Profile

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.