Aviva (LON:AV) Price Target Raised to GBX 820

Aviva (LON:AV) had its price objective raised by Berenberg Bank from GBX 800 to GBX 820 in a report issued on Monday morning,Digital Look reports. The firm currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the company. UBS Group reiterated a “buy” rating and issued a GBX 750 target price on shares of Aviva in a report on Monday, May 11th. JPMorgan Chase & Co. boosted their price target on shares of Aviva from GBX 715 to GBX 800 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Jefferies Financial Group restated a “hold” rating and set a GBX 637 price objective on shares of Aviva in a report on Friday, May 15th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 780 price objective on shares of Aviva in a research note on Wednesday, July 29th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 733.50.

Aviva Stock Performance

Shares of Aviva stock opened at GBX 737 on Monday. The stock has a market capitalization of £19.80 billion, a PE ratio of 15.19, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62. Aviva has a 52 week low of GBX 390.70 and a 52 week high of GBX 510.20. The stock has a 50 day moving average price of GBX 671.58 and a two-hundred day moving average price of GBX 644.48.

Insider Activity at Aviva

In related news, insider Pippa Lambert bought 205 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were bought at an average price of GBX 729 per share, for a total transaction of £1,494.45. Insiders purchased 501 shares of company stock valued at $347,603 over the last three months. Corporate 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.