Aviva (LON:AV) Stock Price Up 0.6% – Still a Buy?

Aviva plc (LON:AV) traded up 0.6% on Tuesday . The company traded as high as GBX 488.30 ($6.20) and last traded at GBX 487.60 ($6.19). 3,349,782 shares were traded during mid-day trading, The stock had previously closed at GBX 484.90 ($6.15).

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on AV shares. Jefferies Financial Group raised their target price on shares of Aviva from GBX 525 ($6.66) to GBX 550 ($6.98) and gave the stock a “buy” rating in a research report on Monday, September 9th. The Goldman Sachs Group initiated coverage on shares of Aviva in a research report on Wednesday, September 18th. They set a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 538 ($6.83).

Aviva Price Performance

The company has a market cap of £12.92 billion, a price-to-earnings ratio of 1,060.00, a PEG ratio of 2.01 and a beta of 0.89. The company’s 50 day moving average price is GBX 477.07 and its 200 day moving average price is GBX 482.57. The company has a current ratio of 2.17, a quick ratio of 1.57 and a debt-to-equity ratio of 67.09.

Insider Buying and Selling

In related news, insider Pippa Lambert acquired 987 shares of Aviva stock in a transaction that occurred on Monday, September 30th. The stock was purchased at an average price of GBX 489 ($6.21) per share, for a total transaction of £4,826.43 ($6,124.91). Also, insider Amanda Blanc bought 6,250 shares of the stock in a transaction on Wednesday, September 4th. The shares were bought at an average price of GBX 499 ($6.33) per share, for a total transaction of £31,187.50 ($39,578.05). 0.17% of the stock is currently owned by corporate insiders.

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.