Aviva plc (LON:AV) Insider Pippa Lambert Purchases 987 Shares

Aviva plc (LON:AV) insider Pippa Lambert purchased 987 shares of the business’s stock in a transaction dated Monday, September 30th. The stock was bought at an average cost of GBX 489 ($6.54) per share, with a total value of £4,826.43 ($6,455.90).

Aviva Stock Performance

LON:AV opened at GBX 483.60 ($6.47) on Wednesday. Aviva plc has a twelve month low of GBX 375.10 ($5.02) and a twelve month high of GBX 510.20 ($6.82). The company has a quick ratio of 1.57, a current ratio of 2.17 and a debt-to-equity ratio of 67.09. The stock has a market cap of £12.86 billion, a P/E ratio of 1,051.30, a PEG ratio of 1.93 and a beta of 0.89. The business’s 50-day moving average price is GBX 491.98 and its two-hundred day moving average price is GBX 484.36.

Aviva Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, October 17th. Shareholders of record on Thursday, September 5th will be given a dividend of GBX 11.90 ($0.16) per share. The ex-dividend date is Thursday, September 5th. This represents a yield of 2.44%. Aviva’s payout ratio is presently 7,391.30%.

Analyst Upgrades and Downgrades

Several brokerages have commented on AV. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 545 ($7.29) target price on shares of Aviva in a research note on Friday, July 5th. Jefferies Financial Group raised their price objective on shares of Aviva from GBX 525 ($7.02) to GBX 550 ($7.36) and gave the company a “buy” rating in a research report on Monday, September 9th. Finally, The Goldman Sachs Group began coverage on shares of Aviva in a research note on Wednesday, September 18th. They set a “buy” rating for the company. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Aviva presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 524.80 ($7.02).

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.