Berenberg Bank Upgrades Aviva (OTCMKTS:AVVIY) to “Strong-Buy”

Aviva (OTCMKTS:AVVIY) was upgraded by Berenberg Bank to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

AVVIY has been the subject of several other reports. Wall Street Zen downgraded Aviva from a “buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Jefferies Financial Group downgraded Aviva from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Aviva has an average rating of “Moderate Buy”.

Aviva Price Performance

OTCMKTS AVVIY opened at $16.50 on Thursday. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.50. The stock has a 50-day moving average of $16.78 and a two-hundred day moving average of $17.47. Aviva has a 1-year low of $15.62 and a 1-year high of $19.40.

About Aviva

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.