Aviva plc (LON:AV) Stock Has Average Price Target of GBX 760.71 According to Brokerages

Aviva plc (LON:AV) has been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 760.71.

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

Aviva Price Performance

AV opened at GBX 730.20 on Tuesday. The company has a current ratio of 0.26, a quick ratio of 1.57 and a debt-to-equity ratio of 67.98. The company has a market cap of £19.62 billion, a price-to-earnings ratio of 15.05, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62. The stock has a fifty day simple moving average of GBX 708.63 and a two-hundred day simple moving average of GBX 662.03. Aviva has a 12-month low of GBX 390.70 and a 12-month high of GBX 510.20.

Insider Activity

In related news, insider Pippa Lambert purchased 210 shares of the company’s stock in a transaction dated Tuesday, September 15th. The shares were purchased at an average cost of GBX 710 per share, with a total value of £1,491. Insiders have purchased 484 shares of company stock worth $348,286 in the last ninety days. 0.17% of the stock is currently owned by company insiders.

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.