Aviva (AV) Stock Rating Reaffirmed by UBS Group

UBS Group reiterated their buy rating on shares of Aviva (LON:AV) in a research report sent to investors on Monday, ThisIsMoney.Co.Uk reports. The brokerage currently has a GBX 480 ($6.27) price target on the stock, down from their previous price target of GBX 525 ($6.86).

AV has been the topic of several other research reports. Jefferies Financial Group decreased their target price on Aviva from GBX 604 ($7.89) to GBX 500 ($6.53) and set a buy rating on the stock in a research report on Monday, February 11th. Barclays reaffirmed an overweight rating on shares of Aviva in a research report on Monday, January 21st. BNP Paribas decreased their target price on Aviva from GBX 470 ($6.14) to GBX 465 ($6.08) and set a neutral rating on the stock in a research report on Thursday, January 24th. Shore Capital reaffirmed an under review rating on shares of Aviva in a research report on Monday, March 4th. Finally, Royal Bank of Canada reaffirmed a top pick rating on shares of Aviva in a research report on Friday, February 1st. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of GBX 501.82 ($6.56).

Aviva stock opened at GBX 425.30 ($5.56) on Monday. Aviva has a 12 month low of GBX 361.80 ($4.73) and a 12 month high of GBX 554.60 ($7.25). The company has a debt-to-equity ratio of 51.04, a quick ratio of 2.23 and a current ratio of 3.09. The company has a market capitalization of $16.65 billion and a PE ratio of 11.25.

The business also recently declared a dividend, which will be paid on Thursday, May 30th. Investors of record on Thursday, April 11th will be given a dividend of GBX 20.75 ($0.27) per share. The ex-dividend date is Thursday, April 11th. This represents a yield of 4.78%. This is an increase from Aviva’s previous dividend of $9.25. Aviva’s dividend payout ratio is currently 0.79%.

In related news, insider Belen Romana Garcia purchased 1,009 shares of Aviva stock in a transaction that occurred on Wednesday, March 27th. The shares were acquired at an average price of GBX 414 ($5.41) per share, with a total value of £4,177.26 ($5,458.33). Also, insider Tom Stoddard sold 153,625 shares of the stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of GBX 412 ($5.38), for a total value of £632,935 ($827,041.68). Insiders have purchased 1,115 shares of company stock worth $462,699 in the last three months.

About Aviva

Aviva plc provides various insurance and savings products primarily in the United Kingdom, rest of Europe, North America, and South-East Asia. The company offers life insurance, long term health and accident insurance, savings, pension, and annuity products; and lifetime mortgage products. It also provides insurance cover to individuals, and small and medium-sized businesses for risks associated primarily with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.

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Analyst Recommendations for Aviva (LON:AV)

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