Aviva (LON:AV) Earns Buy Rating from Berenberg Bank

Aviva (LON:AV)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research note issued to investors on Monday, October 19th, MarketBeat reports. They presently have a GBX 820 price target on the stock. Berenberg Bank‘s target price would suggest a potential upside of 15.30% from the company’s current price.

AV has been the topic of several other research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 780 price target on shares of Aviva in a report on Monday, September 7th. Citigroup lifted their price target on Aviva from GBX 671 to GBX 721 and gave the company a “neutral” rating in a research report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. boosted their price objective on Aviva from GBX 715 to GBX 800 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 760.71.

Aviva Price Performance

Aviva stock traded down GBX 4.60 during midday trading on Monday, hitting GBX 711.20. 3,813,526 shares of the company’s stock were exchanged. Aviva has a 52-week low of GBX 390.70 and a 52-week high of GBX 510.20. The stock has a 50-day moving average price of GBX 709.18 and a two-hundred day moving average price of GBX 668.63. The company has a debt-to-equity ratio of 67.98, a quick ratio of 1.57 and a current ratio of 0.26. The company has a market cap of £19.11 billion, a P/E ratio of 14.66, a PEG ratio of 2.01 and a beta of 0.62.

Insider Activity

In related news, insider Pippa Lambert bought 210 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was bought at an average cost of GBX 710 per share, for a total transaction of £1,491. Over the last ninety days, insiders have acquired 484 shares of company stock worth $348,286. Insiders own 0.17% of the company’s stock.

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.