Aviva plc (LON:AV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Aviva plc (LON:AV) have received an average recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 538 ($6.74).

AV has been the topic of a number of analyst reports. Jefferies Financial Group upped their target price on shares of Aviva from GBX 525 ($6.58) to GBX 550 ($6.89) and gave the stock a “buy” rating in a report on Monday, September 9th. The Goldman Sachs Group started coverage on Aviva in a research note on Wednesday, September 18th. They issued a “buy” rating for the company.

Insiders Place Their Bets

In related news, insider Amanda Blanc purchased 6,250 shares of Aviva stock in a transaction that occurred on Wednesday, September 4th. The stock was bought at an average price of GBX 499 ($6.26) per share, for a total transaction of £31,187.50 ($39,096.78). Also, insider Pippa Lambert acquired 987 shares of the stock in a transaction on Monday, September 30th. The stock was bought at an average cost of GBX 489 ($6.13) per share, for a total transaction of £4,826.43 ($6,050.43). 0.17% of the stock is currently owned by insiders.

Aviva Stock Performance

AV opened at GBX 485.70 ($6.09) on Friday. Aviva has a 1-year low of GBX 390.70 ($4.90) and a 1-year high of GBX 510.20 ($6.40). The company has a market cap of £12.92 billion, a price-to-earnings ratio of 1,055.87, a PEG ratio of 2.01 and a beta of 0.89. The company’s fifty day moving average price is GBX 476.52 and its two-hundred day moving average price is GBX 482.65. The company has a current ratio of 2.17, a quick ratio of 1.57 and a debt-to-equity ratio of 67.09.

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.