Aviva (LON:AV) Stock Price Down 1.6% – What’s Next?

Aviva plc (LON:AV)’s stock price was down 1.6% during mid-day trading on Friday . The company traded as low as GBX 640.40 and last traded at GBX 644.20. Approximately 5,543,388 shares traded hands during trading, The stock had previously closed at GBX 654.60.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on AV shares. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Aviva in a research note on Wednesday, January 7th. They issued a “buy” rating and a GBX 760 price objective for the company. JPMorgan Chase & Co. decreased their price target on shares of Aviva from GBX 735 to GBX 725 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. UBS Group restated a “buy” rating and issued a GBX 750 price target on shares of Aviva in a research note on Friday, November 7th. Finally, Citigroup reduced their price objective on Aviva from GBX 687 to GBX 671 and set a “neutral” rating on the stock in a research note on Tuesday, November 25th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of GBX 711.20.

Aviva Stock Performance

The firm has a market capitalization of £17.32 billion, a PE ratio of 13.29, a PEG ratio of 2.01 and a beta of 0.89. The firm’s fifty day moving average price is GBX 662.76 and its 200 day moving average price is GBX 662.22. The company has a current ratio of 2.93, a quick ratio of 1.57 and a debt-to-equity ratio of 68.87.

Aviva (LON:AV) last posted its earnings results on Monday, December 15th. The company reported GBX 21.70 earnings per share for the quarter. Aviva had a return on equity of 14.82% and a net margin of 3.52%. On average, research analysts anticipate that Aviva plc will post 46.4942529 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Pippa Lambert purchased 214 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were acquired at an average price of GBX 679 per share, for a total transaction of £1,453.06. Over the last 90 days, insiders have bought 665 shares of company stock worth $439,288. 0.17% of the stock is owned by corporate insiders.

Aviva Company Profile

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. It also provides insurance cover to individuals, small and medium-sized businesses for risks associated with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.