Brokerages Set Aviva plc (LON:AV) Target Price at GBX 555.67

Shares of Aviva plc (LON:AV) have been given a consensus recommendation of “Buy” by the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 555.67 ($6.98).

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Aviva in a research report on Wednesday, September 18th. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “top pick” rating on shares of Aviva in a report on Friday, December 6th. Finally, Jefferies Financial Group increased their price target on shares of Aviva from GBX 525 ($6.60) to GBX 550 ($6.91) and gave the stock a “buy” rating in a report on Monday, September 9th.

Aviva Price Performance

AV stock opened at GBX 457.20 ($5.75) on Wednesday. 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 £12.16 billion, a PE ratio of 993.91, a price-to-earnings-growth ratio of 2.01 and a beta of 0.89. Aviva has a one year low of GBX 390.70 ($4.91) and a one year high of GBX 510.20 ($6.41). The company’s fifty day moving average price is GBX 473.78 and its 200-day moving average price is GBX 481.42.

Insider Transactions at Aviva

In other news, insider Pippa Lambert bought 987 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The shares were purchased at an average price of GBX 489 ($6.15) per share, for a total transaction of £4,826.43 ($6,065.64). 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.