Aviva (OTCMKTS:AVVIY) Price Target Cut to GBX 535 by Analysts at JPMorgan Chase & Co.

Aviva (OTCMKTS:AVVIYGet Rating) had its price target decreased by JPMorgan Chase & Co. from GBX 545 ($6.78) to GBX 535 ($6.65) in a research note released on Thursday morning, The Fly reports.

A number of other research analysts have also commented on AVVIY. Morgan Stanley lowered their price objective on Aviva from GBX 540 ($6.72) to GBX 520 ($6.47) in a report on Wednesday, February 8th. Barclays lowered their target price on Aviva from GBX 560 ($6.97) to GBX 545 ($6.78) in a report on Friday, March 10th. Finally, Berenberg Bank lowered their target price on Aviva from GBX 546 ($6.79) to GBX 532 ($6.62) in a report on Thursday.

Aviva Stock Down 0.5 %

AVVIY opened at $9.93 on Thursday. Aviva has a fifty-two week low of $8.05 and a fifty-two week high of $14.50. The business has a 50-day moving average of $10.35 and a 200-day moving average of $10.60.

Aviva Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 24th. Stockholders of record on Friday, March 31st were issued a dividend of $0.4737 per share. This represents a dividend yield of 7.14%. The ex-dividend date of this dividend was Thursday, March 30th. This is a positive change from Aviva’s previous dividend of $0.23.

About Aviva

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Aviva Plc is a holding company, which engages in the provision of long-term insurance and savings, general and health insurance, and fund management products and services. It operates through the following segments: United Kingdom and Ireland; Canada; France; Italy; Poland; and Other. The United Kingdom and Ireland segment offers risks associated with motor vehicles, property and liability, and medical expenses insurance cover to individuals and businesses.

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