Aviva (OTCMKTS:AVVIY) Reaches New 12-Month High – Should You Buy?

Shares of Aviva PLC (OTCMKTS:AVVIY) hit a new 52-week high on Tuesday . The stock traded as high as $19.21 and last traded at $19.20, with a volume of 3034 shares changing hands. The stock had previously closed at $18.77.

Wall Street Analyst Weigh In

AVVIY has been the subject of several analyst reports. Royal Bank Of Canada upgraded shares of Aviva to a “moderate buy” rating in a research note on Monday, October 13th. Keefe, Bruyette & Woods cut Aviva from a “hold” rating to a “moderate sell” rating in a research report on Thursday, October 9th. Zacks Research cut Aviva from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. Finally, Wall Street Zen upgraded Aviva from a “hold” rating to a “buy” rating in a research report on Monday, December 22nd. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

Aviva Trading Up 0.5%

The firm’s 50 day simple moving average is $17.89 and its 200-day simple moving average is $17.92.

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.