Aviva (LON:AV) Price Target Raised to GBX 735

Aviva (LON:AV) had its price objective boosted by JPMorgan Chase & Co. from GBX 695 ($9.33) to GBX 735 ($9.87) in a research report sent to investors on Wednesday, MarketBeat Ratings reports. They currently have an overweight rating on the stock.

Separately, Citigroup started coverage on Aviva in a report on Tuesday. They set a “neutral” rating and a GBX 623 ($8.36) price objective for the company. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 636 ($8.54).

Aviva Price Performance

Aviva stock opened at GBX 637.40 ($8.56) on Wednesday. Aviva has a 52 week low of GBX 390.70 ($5.24) and a 52 week high of GBX 510.20 ($6.85). The company has a quick ratio of 1.57, a current ratio of 2.93 and a debt-to-equity ratio of 68.87. The stock has a market cap of £17.13 billion, a price-to-earnings ratio of 13.14, a PEG ratio of 2.01 and a beta of 0.89. The business has a 50-day simple moving average of GBX 611.49 and a 200 day simple moving average of GBX 552.96.

Insider Transactions at Aviva

In related news, insider Ian Clark bought 8,100 shares of the business’s stock in a transaction that occurred on Wednesday, July 9th. The stock was bought at an average cost of GBX 617 ($8.28) per share, for a total transaction of £49,977 ($67,083.22). Company 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.