Aviva plc (AV) Price Target Lowered to GBX 590 at Credit Suisse Group

Aviva plc (LON:AV) had its target price cut by Credit Suisse Group from GBX 640 ($8.45) to GBX 590 ($7.79) in a research report report published on Thursday morning. They currently have an outperform rating on the stock.

A number of other analysts have also recently commented on AV. J P Morgan Chase & Co upped their price target on shares of Aviva plc from GBX 589 ($7.77) to GBX 616 ($8.13) and gave the company an overweight rating in a research note on Tuesday, July 18th. Deutsche Bank AG restated a buy rating and set a GBX 585 ($7.72) price target on shares of Aviva plc in a research note on Wednesday, July 26th. Macquarie upgraded shares of Aviva plc to an outperform rating and set a GBX 598 ($7.89) price target on the stock in a research note on Tuesday, August 1st. Shore Capital restated a hold rating on shares of Aviva plc in a research note on Thursday, August 3rd. Finally, Panmure Gordon restated a buy rating and set a GBX 635 ($8.38) price target on shares of Aviva plc in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of GBX 569.07 ($7.51).

Aviva plc (AV) traded down GBX 6.17 ($0.08) on Thursday, reaching GBX 508.83 ($6.71). 7,480,000 shares of the company’s stock were exchanged, compared to its average volume of 7,500,000. Aviva plc has a 52-week low of GBX 411.30 ($5.43) and a 52-week high of GBX 570.50 ($7.53).

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In other news, insider Glyn Barker acquired 11,000 shares of Aviva plc stock in a transaction on Friday, September 22nd. The stock was acquired at an average cost of GBX 505 ($6.66) per share, for a total transaction of £55,550 ($73,304.30). Also, insider Patricia Cross acquired 2,609 shares of Aviva plc stock in a transaction on Wednesday, October 4th. The shares were purchased at an average price of GBX 498 ($6.57) per share, with a total value of £12,992.82 ($17,145.45). Over the last quarter, insiders purchased 13,696 shares of company stock valued at $6,898,713.

Aviva plc Company Profile

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.

Analyst Recommendations for Aviva plc (LON:AV)

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