Aviva plc (LON:AV) Given Average Rating of “Moderate Buy” by Brokerages

Aviva plc (LON:AV) has been given an average rating of “Moderate Buy” by the six research firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 538 ($6.82).

A number of research firms have recently weighed in on AV. Jefferies Financial Group lifted their price objective on Aviva from GBX 525 ($6.66) to GBX 550 ($6.97) and gave the company a “buy” rating in a research report on Monday, September 9th. The Goldman Sachs Group assumed coverage on shares of Aviva in a research report on Wednesday, September 18th. They issued a “buy” rating for the company.

Insiders Place Their Bets

In related news, insider Pippa Lambert acquired 987 shares of the stock in a transaction dated Monday, September 30th. The stock was acquired at an average cost of GBX 489 ($6.20) per share, with a total value of £4,826.43 ($6,118.70). Also, insider Amanda Blanc bought 6,250 shares of the company’s stock in a transaction dated Wednesday, September 4th. The stock was bought at an average price of GBX 499 ($6.33) per share, with a total value of £31,187.50 ($39,537.91). Corporate insiders own 0.17% of the company’s stock.

Aviva Price Performance

LON AV opened at GBX 489.30 ($6.20) on Friday. The business’s fifty day moving average is GBX 476.01 and its 200 day moving average is GBX 482.71. Aviva has a fifty-two week low of GBX 390.70 ($4.95) and a fifty-two week high of GBX 510.20 ($6.47). The company has a debt-to-equity ratio of 67.09, a quick ratio of 1.57 and a current ratio of 2.17. The company has a market capitalization of £13.02 billion, a PE ratio of 1,047.39, a price-to-earnings-growth ratio of 2.01 and a beta of 0.89.

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.