Aviva plc (LON:AV) had its price objective raised by Macquarie from GBX 598 ($7.79) to GBX 608 ($7.92) in a research report issued on Tuesday. The brokerage presently has an “outperform” rating on the stock. Macquarie’s price target would suggest a potential upside of 15.70% from the stock’s previous close.
A number of other equities analysts have also recently commented on the company. J P Morgan Chase & Co reissued an “overweight” rating on shares of Aviva plc in a report on Monday, May 22nd. Deutsche Bank AG reissued a “buy” rating and set a GBX 585 ($7.62) target price on shares of Aviva plc in a report on Tuesday, May 16th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a GBX 525 ($6.84) target price on shares of Aviva plc in a report on Tuesday, July 4th. Shore Capital reissued a “hold” rating on shares of Aviva plc in a report on Wednesday, May 10th. Finally, Credit Suisse Group started coverage on Aviva plc in a report on Thursday, April 27th. They set an “outperform” rating and a GBX 640 ($8.33) target price for the company. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 557.75 ($7.26).
Aviva plc (AV) opened at 524.50 on Tuesday. The stock’s market cap is GBX 21.28 billion. Aviva plc has a one year low of GBX 411.08 and a one year high of GBX 570.50. The stock has a 50 day moving average price of GBX 532.29 and a 200-day moving average price of GBX 522.21.
In related news, insider Tom Stoddard sold 53,325 shares of the 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 value of £285,822 ($372,212.53). Insiders purchased 84 shares of company stock valued at $44,940 over 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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