Aviva (OTCMKTS:AVVIY) Reaches New 12-Month High – Here’s What Happened

Aviva PLC (OTCMKTS:AVVIY) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $19.00 and last traded at $18.85, with a volume of 916 shares trading hands. The stock had previously closed at $18.81.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wall Street Zen upgraded Aviva from a “hold” rating to a “buy” rating in a report on Monday. Keefe, Bruyette & Woods lowered Aviva from a “hold” rating to a “moderate sell” rating in a research report on Thursday, October 9th. Zacks Research downgraded Aviva from a “hold” rating to a “strong sell” rating in a research report on Friday, November 28th. Finally, Royal Bank Of Canada upgraded shares of Aviva to a “moderate buy” rating in a report on Monday, October 13th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Aviva presently has an average rating of “Hold”.

Aviva Stock Up 0.2%

The company’s fifty day simple moving average is $17.79 and its 200 day simple moving average is $17.80.

About Aviva

Aviva plc (OTCMKTS:AVVIY) is a UK-based multinational insurance company headquartered in London that provides a broad range of life and general insurance products, retirement solutions and investment management services. The company operates a diversified insurance business that includes individual and group life protection, health and income protection, home and motor insurance, workplace benefits, pensions and savings products. Aviva also offers asset management services through its investment arm, which manages assets on behalf of its insurance businesses and third-party clients.

Aviva traces its identity to a series of mergers and the consolidation of longstanding insurers, and it uses the Aviva brand across its operating markets.