Royal Bank of Canada reissued their top pick rating on shares of Aviva (LON:AV) in a report published on Friday, ThisIsMoney.Co.Uk reports.

A number of other analysts have also commented on AV. Investec lowered shares of Aviva to an add rating and reduced their price objective for the company from GBX 455 ($5.99) to GBX 400 ($5.26) in a research note on Tuesday, February 4th. Jefferies Financial Group reduced their price objective on shares of Aviva from GBX 502 ($6.60) to GBX 500 ($6.58) and set a buy rating for the company in a research note on Friday, February 7th. Deutsche Bank reduced their price objective on shares of Aviva from GBX 470 ($6.18) to GBX 460 ($6.05) and set a hold rating for the company in a research note on Wednesday, February 12th. Citigroup lowered shares of Aviva to a neutral rating and reduced their price objective for the company from GBX 460 ($6.05) to GBX 414 ($5.45) in a research note on Tuesday, November 26th. Finally, Morgan Stanley lowered shares of Aviva to an equal weight rating in a research note on Thursday, November 28th. Seven equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 473.91 ($6.23).

AV stock traded up GBX 12.80 ($0.17) during mid-day trading on Friday, reaching GBX 231.60 ($3.05). 45,853,093 shares of the stock traded hands, compared to its average volume of 10,250,000. The company has a current ratio of 2.04, a quick ratio of 1.09 and a debt-to-equity ratio of 48.38. Aviva has a 52-week low of GBX 3.87 ($0.05) and a 52-week high of GBX 439.40 ($5.78). The company has a market cap of $9.08 billion and a P/E ratio of 3.67. The stock’s fifty day moving average is GBX 362.61 and its 200-day moving average is GBX 394.55.

The business also recently declared a dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Thursday, April 23rd will be given a GBX 21.40 ($0.28) dividend. This represents a dividend yield of 6.11%. This is a positive change from Aviva’s previous dividend of $9.50. The ex-dividend date of this dividend is Thursday, April 23rd. Aviva’s dividend payout ratio is 0.48%.

In related news, insider Belen Romana Garcia purchased 1,400 shares of Aviva stock in a transaction dated Monday, December 23rd. The stock was acquired at an average cost of GBX 422 ($5.55) per share, with a total value of £5,908 ($7,771.64).

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.

Further Reading: Front-End Load

Analyst Recommendations for Aviva (LON:AV)

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