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

Aviva (LON:AV)‘s stock had its “buy” rating restated by research analysts at UBS Group in a research note issued on Friday, Marketbeat reports. They presently have a GBX 750 price objective on the stock. UBS Group’s price objective would suggest a potential upside of 10.85% from the stock’s previous close.

Several other analysts have also issued reports on the company. Keefe, Bruyette & Woods reiterated an “underperform” rating and set a GBX 650 price objective on shares of Aviva in a report on Friday, October 10th. Citigroup boosted their target price on Aviva from GBX 623 to GBX 687 and gave the company a “neutral” rating in a research note on Thursday, August 21st. Finally, JPMorgan Chase & Co. raised their price target on Aviva from GBX 695 to GBX 735 and gave the stock an “overweight” rating in a research note on Wednesday, July 16th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Aviva currently has a consensus rating of “Moderate Buy” and an average price target of GBX 705.50.

Aviva Stock Down 0.1%

Shares of AV stock traded down GBX 0.60 during trading on Friday, hitting GBX 676.60. 4,745,552 shares of the company were exchanged. The business’s 50-day simple moving average is GBX 668.20 and its 200 day simple moving average is GBX 633.66. Aviva has a twelve month low of GBX 390.70 and a twelve month high of GBX 510.20. The firm has a market capitalization of £18.18 billion, a price-to-earnings ratio of 13.94, a P/E/G ratio of 2.01 and a beta of 0.89. The company has a debt-to-equity ratio of 68.87, a quick ratio of 1.57 and a current ratio of 2.93.

Aviva (LON:AV) last released its quarterly earnings data on Thursday, August 14th. The company reported GBX 21.70 earnings per share for the quarter. Aviva had a net margin of 3.52% and a return on equity of 14.82%. As a group, analysts forecast that Aviva will post 46.4942529 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Cheryl Agius acquired 7,284 shares of the firm’s stock in a transaction that occurred on Tuesday, October 7th. The stock was acquired at an average cost of GBX 683 per share, with a total value of £49,749.72. Also, insider Amanda Blanc bought 19,142 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was purchased at an average price of GBX 623 per share, for a total transaction of £119,254.66. Insiders have acquired 33,020 shares of company stock valued at $21,008,500 in the last ninety days. Company insiders own 0.17% of the company’s stock.

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.