Aviva’s (AV) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Aviva (LON:AV) in a research note issued to investors on Monday morning, Marketbeat reports. The firm currently has a GBX 820 price objective on the stock.

AV has been the topic of several other research reports. JPMorgan Chase & Co. upped their price target on shares of Aviva from GBX 715 to GBX 800 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Citigroup increased their price objective on Aviva from GBX 671 to GBX 721 and gave the stock a “neutral” rating in a research report on Wednesday, August 26th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 780 price objective on shares of Aviva in a research note on Monday, September 7th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 752.57.

Aviva Stock Down 0.6%

Shares of LON:AV opened at GBX 708.60 on Monday. The firm has a fifty day moving average price of GBX 708.60 and a two-hundred day moving average price of GBX 665.90. The company has a debt-to-equity ratio of 67.98, a current ratio of 0.26 and a quick ratio of 1.57. Aviva has a one year low of GBX 390.70 and a one year high of GBX 510.20. The company has a market cap of £19.04 billion, a price-to-earnings ratio of 14.60, a PEG ratio of 2.01 and a beta of 0.62.

Insider Activity at Aviva

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

Aviva Company Profile

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.