Aviva (LON:AV) Receives “Buy” Rating from UBS Group

Aviva (LON:AV)‘s stock had its “buy” rating reiterated by equities researchers at UBS Group in a research report issued to clients and investors on Friday, Marketbeat.com reports. They currently have a GBX 750 price objective on the stock. UBS Group’s price target suggests a potential upside of 10.85% from the company’s current price.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. increased their price objective on shares of Aviva from GBX 695 to GBX 735 and gave the company an “overweight” rating in a research note on Wednesday, July 16th. Citigroup lifted their price objective on Aviva from GBX 623 to GBX 687 and gave the company a “neutral” rating in a report on Thursday, August 21st. Finally, Keefe, Bruyette & Woods reiterated an “underperform” rating and issued a GBX 650 price objective on shares of Aviva in a research note on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 705.50.

Aviva Stock Performance

Shares of AV stock traded down GBX 0.60 during mid-day trading on Friday, reaching GBX 676.60. The stock had a trading volume of 4,745,552 shares. Aviva has a one year low of GBX 390.70 and a one year high of GBX 510.20. The firm has a market cap of £18.18 billion, a PE ratio of 13.94, a P/E/G ratio of 2.01 and a beta of 0.89. The firm’s 50 day simple moving average is GBX 668.20 and its 200 day simple moving average is GBX 633.66. The company has a quick ratio of 1.57, a current ratio of 2.93 and a debt-to-equity ratio of 68.87.

Aviva (LON:AV) last issued its earnings results on Thursday, August 14th. The company reported GBX 21.70 EPS for the quarter. Aviva had a return on equity of 14.82% and a net margin of 3.52%. On average, analysts forecast that Aviva will post 46.4942529 EPS for the current year.

Insider Transactions at Aviva

In related news, insider Cheryl Agius acquired 7,284 shares of the firm’s stock in a transaction on Tuesday, October 7th. The shares were purchased at an average price of GBX 683 per share, with a total value of £49,749.72. Also, insider Amanda Blanc purchased 19,142 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The shares were bought at an average cost of GBX 623 per share, for a total transaction of £119,254.66. In the last three months, insiders have acquired 33,020 shares of company stock worth $21,008,500. 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.