Aviva plc (LON:AV) had its price objective lowered by stock analysts at Societe Generale from GBX 525 ($6.82) to GBX 520 ($6.75) in a note issued to investors on Tuesday, August 8th. The brokerage currently has a “hold” rating on the stock. Societe Generale’s target price would suggest a potential downside of 0.38% from the stock’s previous close.
A number of other brokerages have also issued reports on AV. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 589 ($7.65) target price on shares of Aviva plc in a research note on Thursday, May 11th. Macquarie upgraded shares of Aviva plc to an “outperform” rating and set a GBX 598 ($7.76) target price for the company in a research report on Tuesday, August 1st. Panmure Gordon restated a “buy” rating and issued a GBX 635 ($8.24) target price on shares of Aviva plc in a research report on Thursday, August 3rd. Shore Capital reiterated a “hold” rating on shares of Aviva plc in a report on Thursday, August 3rd. Finally, Barclays PLC reiterated an “equal weight” rating and issued a GBX 502 ($6.52) price objective (up from GBX 493 ($6.40)) on shares of Aviva plc in a report on Friday, May 12th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 557.75 ($7.24).
Aviva plc (LON AV) traded down 0.67% on Tuesday, reaching GBX 522.00. The company’s stock had a trading volume of 6,624,531 shares. Aviva plc has a 1-year low of GBX 411.08 and a 1-year high of GBX 570.50. The company’s market capitalization is GBX 21.15 billion. The firm’s 50 day moving average price is GBX 530.64 and its 200-day moving average price is GBX 523.75.
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In other news, insider Tom Stoddard sold 53,325 shares of the firm’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of GBX 536 ($6.96), for a total transaction of £285,822 ($371,052.84). Insiders have bought a total of 84 shares of company stock valued at $44,520 over the last ninety days.
About Aviva plc
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.
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