Deutsche Bank reaffirmed their buy rating on shares of Aviva (LON:AV) in a research note published on Monday, ThisIsMoney.Co.Uk reports.
Other analysts have also issued reports about the company. Shore Capital reissued a hold rating and issued a GBX 430 ($5.62) price target on shares of Aviva in a research note on Friday, April 5th. Barclays reissued an overweight rating on shares of Aviva in a research note on Monday, January 21st. Goldman Sachs Group decreased their price target on Aviva from GBX 560 ($7.32) to GBX 535 ($6.99) and set a conviction-buy rating on the stock in a research note on Monday, April 1st. Royal Bank of Canada reissued a top pick rating on shares of Aviva in a research note on Friday, February 1st. Finally, BNP Paribas decreased their price target on Aviva from GBX 470 ($6.14) to GBX 465 ($6.08) and set a neutral rating on the stock in a research note on Thursday, January 24th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of GBX 501.82 ($6.56).
Aviva stock opened at GBX 423.30 ($5.53) on Monday. The stock has a market cap of $16.65 billion and a P/E ratio of 11.20. Aviva has a 52 week low of GBX 361.80 ($4.73) and a 52 week high of GBX 554.60 ($7.25). The company has a debt-to-equity ratio of 51.04, a current ratio of 3.09 and a quick ratio of 2.23.
The company also recently disclosed a dividend, which will be paid on Thursday, May 30th. Stockholders of record on Thursday, April 11th will be paid a GBX 20.75 ($0.27) dividend. This is a positive change from Aviva’s previous dividend of $9.25. This represents a dividend yield of 4.78%. The ex-dividend date is Thursday, April 11th. Aviva’s payout ratio is currently 0.79%.
In other news, insider Belen Romana Garcia acquired 1,009 shares of Aviva stock in a transaction dated Wednesday, March 27th. The shares were acquired at an average cost of GBX 414 ($5.41) per share, with a total value of £4,177.26 ($5,458.33). Also, insider Tom Stoddard sold 153,625 shares of Aviva stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of GBX 412 ($5.38), for a total value of £632,935 ($827,041.68). Insiders bought a total of 1,115 shares of company stock worth $462,699 over the last ninety days.
Aviva plc provides various insurance and savings products primarily in the United Kingdom, rest of Europe, North America, and South-East Asia. The company offers life insurance, long term health and accident insurance, savings, pension, and annuity products; and lifetime mortgage products. It also provides insurance cover to individuals, and small and medium-sized businesses for risks associated primarily with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.
See Also: Gross Domestic Product (GDP)
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