Morgan Stanley Reaffirms Overweight Rating for Aviva plc (AV)

Morgan Stanley reissued their overweight rating on shares of Aviva plc (LON:AV) in a research report report published on Friday, Marketbeat.com reports. They currently have a GBX 627 ($8.25) price target on the stock, down from their prior price target of GBX 670 ($8.81).

Several other research firms have also recently weighed in on AV. Deutsche Bank AG restated a buy rating and set a GBX 585 ($7.69) target price on shares of Aviva plc in a research note on Wednesday, July 26th. Panmure Gordon restated a buy rating and set a GBX 635 ($8.35) target price on shares of Aviva plc in a research note on Thursday, August 3rd. Jefferies Group LLC boosted their target price on Aviva plc from GBX 600 ($7.89) to GBX 606 ($7.97) and gave the stock a buy rating in a research note on Thursday, August 31st. Barclays PLC boosted their target price on Aviva plc from GBX 504 ($6.63) to GBX 509 ($6.69) and gave the stock an equal weight rating in a research note on Monday, September 11th. Finally, HSBC Holdings plc restated a hold rating and set a GBX 550 ($7.23) target price on shares of Aviva plc in a research note on Monday, September 4th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the stock. Aviva plc presently has a consensus rating of Buy and an average target price of GBX 569.07 ($7.48).

Aviva plc (AV) opened at GBX 505.95 ($6.65) on Friday. Aviva plc has a 52 week low of GBX 411.30 ($5.41) and a 52 week high of GBX 570.50 ($7.50).

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In other Aviva plc news, insider Glyn Barker bought 11,000 shares of Aviva plc stock in a transaction that occurred on Friday, September 22nd. The shares were purchased at an average cost of GBX 505 ($6.64) per share, for a total transaction of £55,550 ($73,063.26). Also, insider Patricia Cross bought 2,609 shares of Aviva plc stock in a transaction that occurred on Wednesday, October 4th. The shares were acquired at an average price of GBX 498 ($6.55) per share, for a total transaction of £12,992.82 ($17,089.07). Insiders have purchased 13,696 shares of company stock worth $6,898,713 in the last ninety days.

Aviva plc Company Profile

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.

Analyst Recommendations for Aviva plc (LON:AV)

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