Aviva (LON:AV) Given Buy Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Aviva (LON:AV – Get Rating) in a report published on Thursday, MarketBeat reports. The brokerage currently has a GBX 560 ($6.97) target price on the stock.

Several other research firms have also recently issued reports on AV. Barclays reaffirmed an equal weight rating and issued a GBX 545 ($6.78) price target on shares of Aviva in a report on Wednesday, May 17th. JPMorgan Chase & Co. dropped their target price on shares of Aviva from GBX 545 ($6.78) to GBX 535 ($6.65) and set an overweight rating on the stock in a report on Thursday. Morgan Stanley reissued an overweight rating and set a GBX 520 ($6.47) target price on shares of Aviva in a report on Tuesday, March 28th. Finally, Berenberg Bank increased their target price on shares of Aviva from GBX 540 ($6.72) to GBX 546 ($6.79) and gave the stock a buy rating in a report on Monday, January 30th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Aviva presently has a consensus rating of Moderate Buy and an average target price of GBX 528 ($6.57).

Aviva Trading Up 0.3 %

AV opened at GBX 400.10 ($4.98) on Thursday. The stock has a market capitalization of £11.04 billion, a PE ratio of -1,049.74, a P/E/G ratio of 8.09 and a beta of 1.03. The firm’s fifty day moving average price is GBX 415.02 and its 200 day moving average price is GBX 434.68. The company has a debt-to-equity ratio of 55.38, a current ratio of 3.31 and a quick ratio of 1.57. Aviva has a 12-month low of GBX 341.92 ($4.25) and a 12-month high of GBX 473.70 ($5.89).

Aviva Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, May 18th. Stockholders of record on Thursday, March 30th were given a dividend of GBX 20.70 ($0.26) per share. The ex-dividend date was Thursday, March 30th. This represents a dividend yield of 4.6%. This is a positive change from Aviva’s previous dividend of $10.30. Aviva’s dividend payout ratio is currently -8,157.89%.

Insider Transactions at Aviva

In other news, insider Pippa Lambert purchased 1,302 shares of the stock in a transaction dated Tuesday, March 28th. The stock was acquired at an average price of GBX 419 ($5.21) per share, for a total transaction of £5,455.38 ($6,785.30). In related news, insider Amanda Blanc sold 322,369 shares of the stock in a transaction dated Thursday, March 23rd. The shares were sold at an average price of GBX 416 ($5.17), for a total value of £1,341,055.04 ($1,667,978.91). Also, insider Pippa Lambert bought 1,302 shares of the firm’s stock in a transaction that occurred on Tuesday, March 28th. The stock was bought at an average price of GBX 419 ($5.21) per share, with a total value of £5,455.38 ($6,785.30). Insiders own 0.13% of the company’s stock.

About Aviva

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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.