Aviva (OTCMKTS:AVVIY) Sets New 12-Month High – Should You Buy?

Aviva PLC (OTCMKTS:AVVIY)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $19.00 and last traded at $18.85, with a volume of 916 shares trading hands. The stock had previously closed at $18.81.

Wall Street Analysts Forecast Growth

AVVIY has been the topic of several recent research reports. Wall Street Zen upgraded Aviva from a “hold” rating to a “buy” rating in a report on Monday, December 22nd. Royal Bank Of Canada raised Aviva to a “moderate buy” rating in a research report on Monday, October 13th. Zacks Research cut shares of Aviva from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. Finally, Keefe, Bruyette & Woods downgraded shares of Aviva from a “hold” rating to a “moderate sell” rating in a research note on Thursday, October 9th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Aviva Trading Down 0.2%

The company has a 50-day moving average price of $17.81 and a 200-day moving average price of $17.82.

Aviva Company Profile

Aviva plc (OTCMKTS:AVVIY) is a UK-based multinational insurance company headquartered in London that provides a broad range of life and general insurance products, retirement solutions and investment management services. The company operates a diversified insurance business that includes individual and group life protection, health and income protection, home and motor insurance, workplace benefits, pensions and savings products. Aviva also offers asset management services through its investment arm, which manages assets on behalf of its insurance businesses and third-party clients.

Aviva traces its identity to a series of mergers and the consolidation of longstanding insurers, and it uses the Aviva brand across its operating markets.