Aviva plc (LON:AV) had its target price boosted by equities researchers at Morgan Stanley from GBX 601 ($7.83) to GBX 627 ($8.17) in a research note issued on Thursday. The brokerage presently has an “overweight” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 19.31% from the company’s current price.
Other equities research analysts have also recently issued reports about the company. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 585 ($7.62) price objective on shares of Aviva plc in a research note on Monday, May 22nd. Canaccord Genuity lifted their price objective on Aviva plc from GBX 500 ($6.51) to GBX 560 ($7.29) and gave the company a “buy” rating in a research note on Wednesday, April 19th. Panmure Gordon reissued a “buy” rating and set a GBX 635 ($8.27) target price on shares of Aviva plc in a research note on Thursday, August 3rd. Barclays PLC reissued an “equal weight” rating and set a GBX 502 ($6.54) target price (up from GBX 493 ($6.42)) on shares of Aviva plc in a research note on Friday, May 12th. Finally, HSBC Holdings plc boosted their target price on Aviva plc from GBX 500 ($6.51) to GBX 550 ($7.16) and gave the stock a “hold” rating in a research note on Monday, May 8th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company. Aviva plc has an average rating of “Hold” and a consensus target price of GBX 557.75 ($7.26).
Shares of Aviva plc (LON:AV) opened at 525.00 on Thursday. The stock’s market capitalization is GBX 21.30 billion. Aviva plc has a one year low of GBX 411.08 and a one year high of GBX 570.50. The firm has a 50 day moving average price of GBX 532.29 and a 200 day moving average price of GBX 522.21.
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In other Aviva plc news, insider Tom Stoddard sold 53,325 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of GBX 536 ($6.98), for a total transaction of £285,822 ($372,212.53). Insiders have acquired a total of 84 shares of company stock worth $44,940 in the last quarter.
About Aviva plc
Aviva plc is a holding company. The Company provides customers with long-term insurance and savings, general and health insurance, and fund management products and services. Its segments include United Kingdom & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia; Aviva Investors, and Other Group activities.
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