Aviva (LON:AV) Earns Buy Rating from UBS Group

UBS Group reaffirmed their buy rating on shares of Aviva (LON:AV) in a research report report published on Tuesday, ThisIsMoney.Co.Uk reports.

Several other equities analysts have also recently issued reports on the company. Deutsche Bank reissued a buy rating on shares of Aviva in a research note on Friday, July 12th. Barclays upped their price target on Aviva from GBX 556 ($7.27) to GBX 562 ($7.34) and gave the stock an overweight rating in a research note on Wednesday, April 3rd. Jefferies Financial Group upped their price target on Aviva from GBX 500 ($6.53) to GBX 520 ($6.79) and gave the stock a buy rating in a research note on Monday, April 29th. Shore Capital reaffirmed a hold rating on shares of Aviva in a research note on Wednesday, June 5th. Finally, Goldman Sachs Group reduced their price target on Aviva from GBX 535 ($6.99) to GBX 525 ($6.86) and set a buy rating on the stock in a research note on Tuesday, July 9th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Aviva currently has an average rating of Buy and an average target price of GBX 492 ($6.43).

LON:AV traded down GBX 8.80 ($0.11) during mid-day trading on Tuesday, reaching GBX 400.80 ($5.24). The stock had a trading volume of 13,148,471 shares, compared to its average volume of 10,250,000. The company has a 50 day moving average price of GBX 418.53. The company has a market capitalization of $15.72 billion and a PE ratio of 10.60. Aviva has a one year low of GBX 361.80 ($4.73) and a one year high of GBX 504.60 ($6.59). The company has a quick ratio of 2.23, a current ratio of 3.09 and a debt-to-equity ratio of 51.04.

In other news, insider Belen Romana Garcia bought 1,411 shares of the stock in a transaction on Friday, June 21st. The shares were bought at an average price of GBX 418 ($5.46) per share, with a total value of £5,897.98 ($7,706.76).

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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