Aviva (LON:AV) Price Target Cut to GBX 715 by Analysts at JPMorgan Chase & Co.

Aviva (LON:AV) had its price target dropped by research analysts at JPMorgan Chase & Co. from GBX 725 to GBX 715 in a report issued on Friday,Digital Look reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 14.14% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Berenberg Bank restated a “buy” rating and set a GBX 800 price objective on shares of Aviva in a report on Thursday. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 770 price target on shares of Aviva in a report on Monday, May 18th. Jefferies Financial Group reissued a “hold” rating and set a GBX 637 price target on shares of Aviva in a report on Friday, May 15th. Finally, UBS Group reissued a “buy” rating and set a GBX 750 price target on shares of Aviva in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of GBX 719.13.

Aviva Stock Down 0.1%

LON:AV opened at GBX 626.40 on Friday. Aviva has a 12 month low of GBX 390.70 and a 12 month high of GBX 510.20. The firm has a market cap of £16.83 billion, a price-to-earnings ratio of 12.91, a P/E/G ratio of 2.01 and a beta of 0.63. The company’s 50 day moving average is GBX 624.53 and its 200-day moving average is GBX 644.43.

Aviva (LON:AV) last announced its earnings results on Thursday, March 5th. The company reported GBX 26.90 earnings per share for the quarter. Aviva had a return on equity of 10.20% and a net margin of 1.82%. Research analysts predict that Aviva will post 46.4942529 EPS for the current fiscal year.

Insider Transactions at Aviva

In other news, insider Charlotte Jones sold 222,480 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of GBX 610, for a total transaction of £1,357,128. Also, insider Amanda Blanc bought 10,258 shares of the company’s stock in a transaction on Friday, May 15th. The stock was bought at an average cost of GBX 621 per share, with a total value of £63,702.18. Over the last quarter, insiders have acquired 17,814 shares of company stock worth $11,068,347. Insiders own 0.17% of the company’s stock.

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.