Aviva’s (AV) “Buy” Rating Reaffirmed at UBS Group

Aviva (LON:AV)‘s stock had its “buy” rating reissued by UBS Group in a note issued to investors on Monday,Digital Look reports. They currently have a GBX 750 target price on the stock. UBS Group’s price target indicates a potential upside of 21.01% from the stock’s previous close.

Separately, Jefferies Financial Group cut Aviva to a “hold” rating and set a GBX 637 target price on the stock. in a research report on Tuesday, May 5th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of GBX 698.83.

Aviva Stock Down 0.7%

Shares of LON:AV opened at GBX 619.80 on Monday. Aviva has a fifty-two week low of GBX 390.70 and a fifty-two week high of GBX 510.20. The firm’s 50-day simple moving average is GBX 631.65 and its 200-day simple moving average is GBX 649.04. The company has a market cap of £16.65 billion, a price-to-earnings ratio of 12.77, a PEG ratio of 2.01 and a beta of 0.63.

Aviva (LON:AV) last posted its quarterly earnings results on Thursday, March 5th. The company reported GBX 26.90 earnings per share (EPS) for the quarter. Aviva had a net margin of 1.82% and a return on equity of 10.20%. On average, research analysts forecast that Aviva will post 46.4942529 EPS for the current year.

Insider Activity

In other news, insider Amanda Blanc sold 560,817 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of GBX 610, for a total transaction of £3,420,983.70. Also, insider Pippa Lambert purchased 227 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was purchased at an average price of GBX 639 per share, for a total transaction of £1,450.53. In the last three months, insiders purchased 686 shares of company stock worth $435,599. Company 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.