Aviva’s (AV) “Buy” Rating Reiterated at Deutsche Bank

Aviva (LON:AV)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a report issued on Tuesday. They presently have a GBX 600 ($8.41) price target on the stock. Deutsche Bank’s target price would suggest a potential upside of 21.16% from the stock’s current price.

Several other analysts also recently weighed in on the stock. Barclays upgraded shares of Aviva to an “overweight” rating and boosted their price objective for the stock from GBX 567 ($7.95) to GBX 571 ($8.01) in a research report on Thursday, February 1st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 540 ($7.57) target price on shares of Aviva in a report on Wednesday, January 17th. Citigroup reaffirmed a “buy” rating and issued a GBX 603 ($8.45) target price on shares of Aviva in a report on Tuesday, January 9th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 623 ($8.74) target price on shares of Aviva in a report on Friday, January 5th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a GBX 606 ($8.50) target price on shares of Aviva in a report on Friday, December 8th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 570.53 ($8.00).

Shares of Aviva (AV) opened at GBX 495.20 ($6.94) on Tuesday. The firm has a market cap of $20,300.00 and a P/E ratio of 1,834.07. Aviva has a 12-month low of GBX 479 ($6.72) and a 12-month high of GBX 570.50 ($8.00).

In other Aviva news, insider Patricia Cross acquired 2,731 shares of the firm’s stock in a transaction that occurred on Friday, December 22nd. The shares were acquired at an average cost of GBX 507 ($7.11) per share, for a total transaction of £13,846.17 ($19,414.15). Also, insider Keith Williams acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 20th. The stock was acquired at an average price of GBX 503 ($7.05) per share, for a total transaction of £50,300 ($70,527.20). Over the last ninety days, insiders have bought 12,820 shares of company stock worth $6,460,060.

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About Aviva

Aviva plc is a holding company. The Company provides customers with long-term insurance and savings, general and health insurance, and fund management products and services. Its segments include United Kingdom & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia; Aviva Investors, and Other Group activities.

Analyst Recommendations for Aviva (LON:AV)

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