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

Shares of Aviva plc (LON:AV) have been given an average recommendation of “Moderate Buy” by the five research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 555.67 ($7.08).

Several brokerages have weighed in on AV. The Goldman Sachs Group began coverage on shares of Aviva in a research note on Wednesday, September 18th. They issued a “buy” rating for the company. Jefferies Financial Group lifted their price target on shares of Aviva from GBX 525 ($6.69) to GBX 550 ($7.01) and gave the company a “buy” rating in a research report on Monday, September 9th.

Insider Activity

In related news, insider Amanda Blanc purchased 6,250 shares of Aviva stock in a transaction dated Wednesday, September 4th. The shares were bought at an average cost of GBX 499 ($6.36) per share, for a total transaction of £31,187.50 ($39,724.24). Also, insider Pippa Lambert acquired 987 shares of the stock in a transaction that occurred on Monday, September 30th. The shares were bought at an average price of GBX 489 ($6.23) per share, with a total value of £4,826.43 ($6,147.54). Corporate insiders own 0.17% of the company’s stock.

Aviva Stock Up 0.9 %

AV opened at GBX 483.70 ($6.16) on Friday. The stock has a fifty day moving average of GBX 475.65 and a 200-day moving average of GBX 482.68. The company has a market capitalization of £12.87 billion, a P/E ratio of 1,042.39, a P/E/G ratio of 2.01 and a beta of 0.89. Aviva has a fifty-two week low of GBX 390.70 ($4.98) and a fifty-two week high of GBX 510.20 ($6.50). The company has a debt-to-equity ratio of 67.09, a quick ratio of 1.57 and a current ratio of 2.17.

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.