Aviva’s (AV) “Outperform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reissued their outperform rating on shares of Aviva (LON:AV) in a research report released on Monday morning,Digital Look reports. Royal Bank Of Canada currently has a GBX 780 price objective on the stock.

Several other research firms have also commented on AV. Citigroup boosted their price objective on Aviva from GBX 671 to GBX 721 and gave the stock a “neutral” rating in a research note on Wednesday, August 26th. UBS Group reiterated a “buy” rating and set a GBX 750 price target on shares of Aviva in a research report on Monday, May 11th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 637 price objective on shares of Aviva in a research note on Friday, May 15th. JPMorgan Chase & Co. upped their target price on shares of Aviva from GBX 715 to GBX 800 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Finally, Berenberg Bank increased their target price on shares of Aviva from GBX 800 to GBX 820 and gave the company a “buy” rating in a research report on Monday, August 17th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Aviva currently has a consensus rating of “Moderate Buy” and an average price target of GBX 739.75.

Aviva Stock Down 0.5%

Shares of LON AV opened at GBX 719.60 on Monday. The firm has a market cap of £19.33 billion, a price-to-earnings ratio of 14.83, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62. The company’s 50-day simple moving average is GBX 698.05 and its 200-day simple moving average is GBX 653.84. The company has a quick ratio of 1.57, a current ratio of 0.26 and a debt-to-equity ratio of 67.98. Aviva has a 52-week low of GBX 390.70 and a 52-week high of GBX 510.20.

Insider Buying and Selling

In other Aviva news, insider Pippa Lambert purchased 205 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were acquired at an average price of GBX 729 per share, with a total value of £1,494.45. Insiders acquired a total of 501 shares of company stock valued at $347,603 in the last quarter. 0.17% of the stock is owned by insiders.

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.