Aviva plc (AV) Upgraded to “Overweight” at Barclays PLC
Barclays PLC upgraded shares of Aviva plc (LON:AV) to an overweight rating in a research report report published on Friday morning. Barclays PLC currently has GBX 567 ($7.48) target price on the stock, up from their prior target price of GBX 509 ($6.72).
Other research analysts have also recently issued reports about the stock. Societe Generale cut their price target on shares of Aviva plc from GBX 525 ($6.93) to GBX 520 ($6.86) and set a hold rating for the company in a report on Tuesday, August 8th. Morgan Stanley increased their target price on shares of Aviva plc from GBX 601 ($7.93) to GBX 627 ($8.27) and gave the company an overweight rating in a report on Thursday, August 10th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and issued a GBX 525 ($6.93) target price on shares of Aviva plc in a report on Tuesday, September 12th. Shore Capital reaffirmed a hold rating on shares of Aviva plc in a report on Thursday, August 3rd. Finally, Jefferies Group LLC increased their target price on shares of Aviva plc from GBX 600 ($7.92) to GBX 606 ($8.00) and gave the company a buy rating in a report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company. The company has an average rating of Buy and an average target price of GBX 572.40 ($7.55).
Shares of Aviva plc (LON:AV) opened at 506.50 on Friday. The company has a 50-day moving average price of GBX 503.46 and a 200 day moving average price of GBX 521.38. The firm’s market capitalization is GBX 20.52 billion. Aviva plc has a 12-month low of GBX 411.30 and a 12-month high of GBX 570.50.
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The firm also recently declared a dividend, which will be paid on Friday, November 17th. Stockholders of record on Thursday, October 5th will be given a GBX 8.40 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a dividend yield of 1.6%.
In related news, insider Patricia Cross purchased 2,609 shares of the business’s stock in a transaction on Wednesday, October 4th. The shares were bought at an average price of GBX 498 ($6.57) per share, with a total value of £12,992.82 ($17,145.45). Also, insider Tom Stoddard sold 53,325 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of GBX 536 ($7.07), for a total transaction of £285,822 ($377,173.40). In the last 90 days, insiders have purchased 13,696 shares of company stock worth $6,898,713.
Aviva plc 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.
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