Aviva plc (AV) Receives Consensus Rating of “Buy” from Analysts
Shares of Aviva plc (LON:AV) have earned a consensus recommendation of “Buy” from the seventeen ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 566.29 ($7.47).
AV has been the subject of a number of recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating and set a GBX 627 ($8.27) price target (down from GBX 670 ($8.84)) on shares of Aviva plc in a report on Friday. Credit Suisse Group decreased their price target on Aviva plc from GBX 640 ($8.45) to GBX 590 ($7.79) and set an “outperform” rating for the company in a report on Thursday. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 617 ($8.14) price target on shares of Aviva plc in a report on Sunday, October 29th. Barclays PLC raised Aviva plc to an “overweight” rating and lifted their price target for the stock from GBX 509 ($6.72) to GBX 567 ($7.48) in a report on Friday, October 27th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 585 ($7.72) price target on shares of Aviva plc in a report on Tuesday, October 10th.
Aviva plc (LON:AV) opened at GBX 506.03 ($6.68) on Monday. Aviva plc has a fifty-two week low of GBX 411.30 ($5.43) and a fifty-two week high of GBX 570.50 ($7.53).
In related news, insider Glyn Barker purchased 11,000 shares of the company’s stock in a transaction that occurred on Friday, September 22nd. The shares were purchased at an average price of GBX 505 ($6.66) per share, for a total transaction of £55,550 ($73,304.30). Also, insider Patricia Cross purchased 2,609 shares of the company’s stock in a transaction that occurred on Wednesday, October 4th. The stock was bought at an average price of GBX 498 ($6.57) per share, for a total transaction of £12,992.82 ($17,145.45). Insiders purchased a total of 13,696 shares of company stock worth $6,898,713 in the last 90 days.
About Aviva plc
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.
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