Citigroup Reiterates Buy Rating for Aviva (AV)

Aviva (LON:AV)‘s stock had its “buy” rating reiterated by equities research analysts at Citigroup in a research note issued on Tuesday. They currently have a GBX 603 ($8.18) price target on the stock. Citigroup’s price target would indicate a potential upside of 14.86% from the stock’s current price.

Several other equities research analysts have also recently commented on the stock. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 624 ($8.46) price target on shares of Aviva in a research report on Monday, September 11th. Barclays lifted their price target on shares of Aviva from GBX 504 ($6.83) to GBX 509 ($6.90) and gave the stock an “equal weight” rating in a research report on Monday, September 11th. Macquarie reiterated an “outperform” rating on shares of Aviva in a research report on Tuesday, September 12th. Goldman Sachs Group restated a “neutral” rating and set a GBX 525 ($7.12) price objective on shares of Aviva in a report on Tuesday, September 12th. Finally, Deutsche Bank restated a “buy” rating and set a GBX 585 ($7.93) price objective on shares of Aviva in a report on Tuesday, October 10th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company. Aviva has a consensus rating of “Buy” and an average price target of GBX 570.29 ($7.73).

Aviva (LON:AV) opened at GBX 525 ($7.12) on Tuesday. Aviva has a 12 month low of GBX 467.31 ($6.34) and a 12 month high of GBX 570.50 ($7.74). The firm has a market cap of $21,070.00 and a PE ratio of 1,944.44.

In other news, insider Patricia Cross purchased 2,731 shares of the company’s stock in a transaction on Friday, December 22nd. The shares were purchased at an average cost of GBX 507 ($6.88) per share, with a total value of £13,846.17 ($18,777.01). Also, insider Keith Williams purchased 10,000 shares of the company’s stock in a transaction on Wednesday, December 20th. The shares were purchased at an average cost of GBX 503 ($6.82) per share, for a total transaction of £50,300 ($68,212.64). In the last three months, insiders bought 12,791 shares of company stock worth $6,444,661.

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Aviva Company Profile

Aviva plc is a holding company. The Company provides customers with long-term insurance and savings, general and health insurance, and fund management products and services. Its segments include United Kingdom & Ireland; France; Poland; Italy, Spain and Other; Canada; Asia; Aviva Investors, and Other Group activities.

Analyst Recommendations for Aviva (LON:AV)

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