Aviva (OTCMKTS:AVVIY) Upgraded by Berenberg Bank to “Strong-Buy” Rating

Berenberg Bank upgraded shares of Aviva (OTCMKTS:AVVIY) to a strong-buy rating in a research note issued to investors on Thursday morning,Zacks.com reports.

A number of other brokerages also recently issued reports on AVVIY. Jefferies Financial Group downgraded Aviva from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Wall Street Zen lowered Aviva from a “buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Aviva Price Performance

Shares of OTCMKTS:AVVIY opened at $16.50 on Thursday. The firm has a fifty day moving average price of $16.78 and a two-hundred day moving average price of $17.47. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.50 and a quick ratio of 1.50. Aviva has a one year low of $15.62 and a one year 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.