Aviva’s (AV) Buy Rating Reiterated at Goldman Sachs Group

Goldman Sachs Group reiterated their buy rating on shares of Aviva (LON:AV) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.

AV has been the subject of several other research reports. Deutsche Bank reissued a buy rating on shares of Aviva in a research note on Friday, August 9th. UBS Group reissued a buy rating on shares of Aviva in a research note on Thursday, August 8th. JPMorgan Chase & Co. increased their price target on shares of Aviva from GBX 479 ($6.26) to GBX 484 ($6.32) and gave the company an overweight rating in a research note on Monday, May 13th. Jefferies Financial Group increased their price target on shares of Aviva from GBX 500 ($6.53) to GBX 520 ($6.79) and gave the company a buy rating in a research note on Monday, April 29th. Finally, Shore Capital reissued a hold rating on shares of Aviva in a research note on Thursday, August 8th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of Buy and an average price target of GBX 498.18 ($6.51).

Shares of LON AV opened at GBX 357.60 ($4.67) on Tuesday. Aviva has a 12-month low of GBX 3.87 ($0.05) and a 12-month high of GBX 503.60 ($6.58). The stock has a market cap of $14.01 billion and a PE ratio of 6.14. The company has a current ratio of 1.91, a quick ratio of 0.98 and a debt-to-equity ratio of 48.99. The company has a 50-day moving average of GBX 410.37 and a 200 day moving average of GBX 417.38.

The company also recently declared a dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, August 15th will be paid a GBX 9.50 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a dividend yield of 2.46%. Aviva’s dividend payout ratio (DPR) is 0.52%.

In related news, insider Belen Romana Garcia acquired 1,411 shares of the firm’s stock in a transaction dated Friday, June 21st. The shares were purchased at an average cost of GBX 418 ($5.46) per share, for a total transaction of £5,897.98 ($7,706.76).

Aviva Company Profile

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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