Aviva’s (AV) “Hold” Rating Reiterated at Jefferies Financial Group

Aviva (LON:AV)‘s stock had its “hold” rating reiterated by equities researchers at Jefferies Financial Group in a research note issued on Tuesday, Digital Look reports. They presently have a GBX 694 price objective on the stock. Jefferies Financial Group’s target price would suggest a potential downside of 2.06% from the stock’s current price.

Several other equities analysts have also weighed in on AV. Citigroup upped their price objective on shares of Aviva from GBX 671 to GBX 721 and gave the company a “neutral” rating in a report on Wednesday, August 26th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 780 target price on shares of Aviva in a research note on Monday, September 7th. JPMorgan Chase & Co. boosted their target price on Aviva from GBX 715 to GBX 800 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 820 price target on shares of Aviva in a research note on Monday. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 760.71.

Aviva Stock Down 0.6%

LON AV traded down GBX 4.40 on Tuesday, hitting GBX 708.60. 3,886,195 shares of the company were exchanged. The company has a market cap of £19.04 billion, a PE ratio of 14.60, a PEG ratio of 2.01 and a beta of 0.62. Aviva has a 12 month low of GBX 390.70 and a 12 month high of GBX 510.20. The stock has a fifty day moving average of GBX 708.60 and a 200-day moving average of GBX 665.90. The company has a current ratio of 0.26, a quick ratio of 1.57 and a debt-to-equity ratio of 67.98.

Insider Activity

In other Aviva news, insider Pippa Lambert acquired 210 shares of Aviva stock in a transaction dated Tuesday, September 15th. The stock was purchased at an average cost of GBX 710 per share, for a total transaction of £1,491. Insiders have bought 484 shares of company stock worth $348,286 in the last ninety days. 0.17% of the stock is owned by company 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.