Zacks Investment Research upgraded shares of Aviva (OTCMKTS:AVVIY) from a hold rating to a buy rating in a research note released on Monday. They currently have $16.00 price target on the financial services provider’s stock.

According to Zacks, “Aviva has established a competitive position in North America. In the US, the world’s largest savings market, Aviva is the leading provider of indexed annuity and indexed life insurance products. Its principal activity is the provision of financial products and services, focused on the following lines of business: long-term insurance and savings business, fund management and general insurance and health. The company’s business is managed on a geographic basis through a regional management structure based on four regions, U.K., Europe, North America and Asia Pacific. The four regions function as five operating segments as, due to the size of the U.K. region, it is split into two operating segments, U.K. Life and U.K. General Insurance, which undertake long term insurance and savings business and general insurance respectively. “

Aviva (OTCMKTS AVVIY) opened at $13.60 on Monday. Aviva has a fifty-two week low of $11.52 and a fifty-two week high of $14.44.

COPYRIGHT VIOLATION NOTICE: This news story was first published by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of U.S. & international copyright legislation. The original version of this news story can be viewed at https://www.watchlistnews.com/aviva-avviy-lifted-to-buy-at-zacks-investment-research/1762483.html.

About Aviva

Aviva plc is a holding company. The Company provides customers with long-term insurance and savings, general and health insurance, and fund management products and services. Its segments include United Kingdom & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia; Aviva Investors, and Other Group activities.

Get a free copy of the Zacks research report on Aviva (AVVIY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Aviva Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aviva and related companies with Analyst Ratings Network's FREE daily email newsletter.