Brokerages Set Aviva plc (LON:AV) Target Price at GBX 555.67

Aviva plc (LON:AV) has received a consensus recommendation of “Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 555.67 ($6.98).

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

Insider Buying and Selling at Aviva

In related news, insider Pippa Lambert purchased 987 shares of the firm’s stock in a transaction dated Monday, September 30th. The stock was bought at an average price of GBX 489 ($6.15) per share, for a total transaction of £4,826.43 ($6,066.40). Corporate insiders own 0.17% of the company’s stock.

Aviva Price Performance

AV stock opened at GBX 457.20 ($5.75) on Wednesday. The company has a market capitalization of £12.16 billion, a P/E ratio of 993.91, a price-to-earnings-growth ratio of 2.01 and a beta of 0.89. Aviva has a 52-week low of GBX 390.70 ($4.91) and a 52-week high of GBX 510.20 ($6.41). The business has a 50-day simple moving average of GBX 473.78 and a two-hundred day simple moving average of GBX 481.43. 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.