Aviva (LON:AV) Rating Reiterated by Deutsche Bank Aktiengesellschaft

Aviva (LON:AVGet Rating)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Thursday, MarketBeat Ratings reports. They presently have a GBX 485 ($5.58) price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 10.63% from the company’s previous close.

Several other brokerages have also issued reports on AV. Credit Suisse Group raised their price target on shares of Aviva from GBX 455 ($5.24) to GBX 480 ($5.53) and gave the stock a “neutral” rating in a research note on Monday, August 15th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 540 ($6.22) price target on shares of Aviva in a research report on Thursday, August 11th. Royal Bank of Canada lifted their price objective on Aviva from GBX 420 ($4.84) to GBX 510 ($5.87) and gave the stock an “outperform” rating in a report on Tuesday, September 6th. JPMorgan Chase & Co. upped their price objective on shares of Aviva from GBX 510 ($5.87) to GBX 535 ($6.16) and gave the company an “overweight” rating in a report on Thursday. Finally, Barclays reissued an “equal weight” rating and issued a GBX 564 ($6.49) price target on shares of Aviva in a research report on Thursday. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Aviva presently has a consensus rating of “Moderate Buy” and an average price target of GBX 520.57 ($5.99).

Aviva Price Performance

AV opened at GBX 438.40 ($5.05) on Thursday. Aviva has a fifty-two week low of GBX 341.92 ($3.94) and a fifty-two week high of GBX 606.58 ($6.98). The firm has a 50-day moving average of GBX 417.09 and a 200 day moving average of GBX 416.38. The company has a debt-to-equity ratio of 47.99, a quick ratio of 1.57 and a current ratio of 2.82. The firm has a market cap of £12.29 billion and a P/E ratio of 4,374.00.

Insiders Place Their Bets

In other Aviva news, insider Amanda Blanc acquired 25,704 shares of the company’s stock in a transaction that occurred on Friday, September 30th. The stock was bought at an average price of GBX 389 ($4.48) per share, with a total value of £99,988.56 ($115,127.88). In related news, insider Andrea Blance purchased 15,000 shares of the firm’s stock in a transaction dated Monday, August 22nd. The shares were purchased at an average price of GBX 432 ($4.97) per share, with a total value of £64,800 ($74,611.40). Also, insider Amanda Blanc acquired 25,704 shares of the company’s stock in a transaction dated Friday, September 30th. The shares were bought at an average cost of GBX 389 ($4.48) per share, with a total value of £99,988.56 ($115,127.88). Insiders have bought 41,992 shares of company stock worth $17,018,528 in the last three months.

About Aviva

(Get Rating)

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.

See Also

Analyst Recommendations for Aviva (LON:AV)

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