Aviva plc (LON:AV) Receives Average Rating of “Buy” from Analysts

Aviva plc (LON:AV) has earned an average rating of “Buy” from the six analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 555.67 ($7.06).

AV has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “top pick” rating on shares of Aviva in a research note on Friday, December 6th. Jefferies Financial Group upped their target price on shares of Aviva from GBX 525 ($6.67) to GBX 550 ($6.99) and gave the stock a “buy” rating in a research note on Monday, September 9th. Finally, The Goldman Sachs Group initiated coverage on shares of Aviva in a research note on Wednesday, September 18th. They set a “buy” rating on the stock.

Insider Buying and Selling at Aviva

In related news, insider Pippa Lambert bought 987 shares of the stock in a transaction dated Monday, September 30th. The stock was acquired at an average price of GBX 489 ($6.22) per share, for a total transaction of £4,826.43 ($6,135.81). Insiders own 0.17% of the company’s stock.

Aviva Price Performance

Shares of AV opened at GBX 467.60 ($5.94) on Wednesday. Aviva has a fifty-two week low of GBX 390.70 ($4.97) and a fifty-two week high of GBX 510.20 ($6.49). The firm’s 50 day moving average price is GBX 474.47 and its 200 day moving average price is GBX 481.75. The company has a market cap of £12.44 billion, a P/E ratio of 1,016.52, a PEG ratio of 2.01 and a beta of 0.89. The company has a quick ratio of 1.57, a current ratio of 2.17 and a debt-to-equity ratio of 67.09.

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.