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

Aviva (LON:AV)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a research note issued on Thursday,Digital Look reports. They currently have a GBX 800 price objective on the stock. Berenberg Bank’s price target points to a potential upside of 27.55% from the stock’s current price.

Several other equities research analysts also recently commented on the stock. UBS Group reissued a “buy” rating and set a GBX 750 target price on shares of Aviva in a research report on Monday, May 11th. Jefferies Financial Group reissued a “hold” rating and set a GBX 637 target price on shares of Aviva in a research report on Friday, May 15th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 770 target price on shares of Aviva in a research report on Monday, May 18th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Aviva presently has an average rating of “Moderate Buy” and an average target price of GBX 720.38.

Aviva Stock Down 0.2%

LON AV opened at GBX 627.20 on Thursday. The company has a market cap of £16.85 billion, a price-to-earnings ratio of 12.93, a P/E/G ratio of 2.01 and a beta of 0.63. Aviva has a 52 week low of GBX 390.70 and a 52 week high of GBX 510.20. The business has a 50 day moving average price of GBX 624.80 and a 200-day moving average price of GBX 644.78.

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

Insider Activity

In other news, insider Amanda Blanc sold 560,817 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of GBX 610, for a total transaction of £3,420,983.70. Also, insider Pippa Lambert purchased 242 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of GBX 616 per share, with a total value of £1,490.72. Insiders purchased 17,814 shares of company stock valued at $11,068,347 in the last three months. Company insiders own 0.17% of the company’s stock.

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.