Aviva plc (LON:AV) Receives Consensus Rating of “Hold” from Analysts

Shares of Aviva plc (LON:AV) have been assigned a consensus recommendation of “Hold” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 719.13.

A number of equities analysts have recently issued reports on AV shares. Jefferies Financial Group reiterated a “hold” rating and set a GBX 637 price objective on shares of Aviva in a research note on Friday, May 15th. JPMorgan Chase & Co. dropped their price objective on shares of Aviva from GBX 725 to GBX 715 and set a “neutral” rating on the stock in a research note on Friday, May 29th. Berenberg Bank reiterated a “buy” rating and set a GBX 800 price objective on shares of Aviva in a research note on Thursday, May 28th. UBS Group reiterated a “buy” rating and set a GBX 750 price objective on shares of Aviva in a research note on Monday, May 11th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 770 price objective on shares of Aviva in a research note on Monday, May 18th.

Aviva Stock Performance

Shares of LON:AV opened at GBX 611 on Friday. The firm has a market cap of £16.42 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 2.01 and a beta of 0.63. The firm’s 50 day simple moving average is GBX 623.28 and its 200-day simple moving average is GBX 642.55. Aviva has a one year low of GBX 390.70 and a one year high of GBX 510.20.

Aviva (LON:AV) last issued its earnings results on Thursday, March 5th. The company reported GBX 26.90 EPS for the quarter. Aviva had a net margin of 1.82% and a return on equity of 10.20%. Equities research analysts predict that Aviva will post 46.4942529 EPS for the current fiscal year.

Insider Activity

In other news, insider Charlotte Jones sold 222,480 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of GBX 610, for a total transaction of £1,357,128. Also, insider Pippa Lambert acquired 242 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average price of GBX 616 per share, for a total transaction of £1,490.72. Over the last ninety days, insiders have acquired 17,814 shares of company stock worth $11,068,347. Corporate insiders own 0.17% of the company’s stock.

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. It also provides insurance cover to individuals, small and medium-sized businesses for risks associated with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.