Aviva (OTCMKTS:AVVIY) Raised to Strong-Buy at Berenberg Bank

Aviva (OTCMKTS:AVVIY) was upgraded by stock analysts at Berenberg Bank to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

A number of other research analysts have also recently commented on AVVIY. Wall Street Zen cut shares of Aviva from a “buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group cut shares of Aviva from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Aviva Stock Performance

OTCMKTS AVVIY opened at $16.50 on Thursday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.50. The firm has a 50-day simple moving average of $16.78 and a 200 day simple moving average of $17.47. Aviva has a twelve month low of $15.62 and a twelve month high of $19.40.

Aviva Company Profile

Aviva plc (OTCMKTS:AVVIY) is a UK-based multinational insurance company headquartered in London that provides a broad range of life and general insurance products, retirement solutions and investment management services. The company operates a diversified insurance business that includes individual and group life protection, health and income protection, home and motor insurance, workplace benefits, pensions and savings products. Aviva also offers asset management services through its investment arm, which manages assets on behalf of its insurance businesses and third-party clients.

Aviva traces its identity to a series of mergers and the consolidation of longstanding insurers, and it uses the Aviva brand across its operating markets.