Aviva plc (LON:AV) Receives Average Rating of “Hold” from Brokerages

Shares of Aviva plc (LON:AV) have been assigned a consensus recommendation of “Hold” from the eight analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 719.13.

A number of analysts recently commented on AV shares. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 637 target price on shares of Aviva in a research note on Friday, May 15th. Berenberg Bank reiterated a “buy” rating and issued a GBX 800 target price on shares of Aviva in a research report on Thursday, May 28th. UBS Group reiterated a “buy” rating and issued a GBX 750 target price on shares of Aviva in a research report on Monday, May 11th. JPMorgan Chase & Co. dropped their target price on Aviva from GBX 725 to GBX 715 and set a “neutral” rating on the stock in a research report on Friday, May 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 770 target price on shares of Aviva in a research report on Monday, May 18th.

Insider Activity

In other news, insider Amanda Blanc sold 560,817 shares of the 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 Charlotte Jones sold 222,480 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of GBX 610, for a total value of £1,357,128. Insiders have acquired 17,814 shares of company stock worth $11,068,347 in the last quarter. Corporate insiders own 0.17% of the company’s stock.

Aviva Stock Performance

Shares of Aviva stock opened at GBX 603.20 on Friday. The company has a market capitalization of £16.21 billion, a PE ratio of 12.43, a P/E/G ratio of 2.01 and a beta of 0.63. The company has a 50-day simple moving average of GBX 622.97 and a two-hundred day simple moving average of GBX 641.99. Aviva has a one year low of GBX 390.70 and a one year high of GBX 510.20.

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

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.