Aviva plc (LON:AV) Given Average Recommendation of “Buy” by Brokerages

Aviva plc (LON:AV) has earned a consensus rating of “Buy” from the six research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 555.67 ($6.98).

Several analysts recently weighed in on AV shares. The Goldman Sachs Group began coverage on shares of Aviva in a research note on Wednesday, September 18th. They issued a “buy” rating on the stock. Jefferies Financial Group increased their price target on Aviva from GBX 525 ($6.60) to GBX 550 ($6.91) and gave the company a “buy” rating in a research note on Monday, September 9th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “top pick” rating on shares of Aviva in a research note on Friday, December 6th.

Insiders Place Their Bets

In other news, insider Pippa Lambert acquired 987 shares of Aviva stock in a transaction on Monday, September 30th. The stock was purchased at an average price of GBX 489 ($6.15) per share, with a total value of £4,826.43 ($6,066.40). Company insiders own 0.17% of the company’s stock.

Aviva Trading Down 0.3 %

AV opened at GBX 457.20 ($5.75) on Wednesday. The company’s 50 day moving average price is GBX 473.78 and its two-hundred day moving average price is GBX 481.43. The firm has a market capitalization of £12.16 billion, a price-to-earnings ratio of 993.91, a PEG ratio of 2.01 and a beta of 0.89. Aviva has a fifty-two week low of GBX 390.70 ($4.91) and a fifty-two week high of GBX 510.20 ($6.41). The company has a debt-to-equity ratio of 67.09, a current ratio of 2.17 and a quick ratio of 1.57.

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.