Aviva plc (LON:AV) Receives GBX 524.80 Average Price Target from Analysts

Aviva plc (LON:AV) has received a consensus rating of “Moderate Buy” from the seven research firms that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 524.80 ($6.81).

Several analysts recently commented on AV shares. The Goldman Sachs Group started coverage on shares of Aviva in a research note on Wednesday, September 18th. They set a “buy” rating for the company. Jefferies Financial Group raised their price objective on Aviva from GBX 525 ($6.81) to GBX 550 ($7.13) and gave the stock a “buy” rating in a research note on Monday, September 9th.

Aviva Stock Performance

Shares of LON AV opened at GBX 458 ($5.94) on Tuesday. Aviva has a 1 year low of GBX 390.70 ($5.07) and a 1 year high of GBX 510.20 ($6.62). The firm has a market cap of £12.18 billion, a P/E ratio of 995.65, a PEG ratio of 2.01 and a beta of 0.89. The stock has a fifty day moving average price of GBX 485.39 and a two-hundred day moving average price of GBX 482.40. The company has a debt-to-equity ratio of 67.09, a quick ratio of 1.57 and a current ratio of 2.17.

Aviva Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, October 17th. Stockholders of record on Thursday, September 5th were issued a dividend of GBX 11.90 ($0.15) per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a dividend yield of 2.44%. Aviva’s dividend payout ratio is 7,391.30%.

Insider Buying and Selling

In other Aviva news, insider Pippa Lambert purchased 987 shares of the business’s stock in a transaction dated Monday, September 30th. The shares were acquired at an average price of GBX 489 ($6.34) per share, for a total transaction of £4,826.43 ($6,259.15). In related news, insider Amanda Blanc bought 6,250 shares of Aviva stock in a transaction that occurred on Wednesday, September 4th. The stock was purchased at an average cost of GBX 499 ($6.47) per share, for a total transaction of £31,187.50 ($40,445.47). Also, insider Pippa Lambert purchased 987 shares of the stock in a transaction on Monday, September 30th. The shares were bought at an average price of GBX 489 ($6.34) per share, for a total transaction of £4,826.43 ($6,259.15). 0.17% of the stock is currently owned by corporate insiders.

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.