Aviva (AV) Receives Buy Rating from Citigroup

Aviva (LON:AV)‘s stock had its “buy” rating reiterated by equities research analysts at Citigroup in a research note issued on Friday, March 9th. They currently have a GBX 603 ($8.33) target price on the stock. Citigroup’s price objective indicates a potential upside of 21.60% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Jefferies Group reiterated a “buy” rating and set a GBX 606 ($8.37) price target on shares of Aviva in a research report on Friday, December 8th. Deutsche Bank raised their target price on shares of Aviva from GBX 585 ($8.08) to GBX 600 ($8.29) and gave the stock a “buy” rating in a report on Monday, December 4th. Shore Capital restated a “hold” rating on shares of Aviva in a report on Tuesday, November 14th. HSBC cut their target price on shares of Aviva from GBX 550 ($7.60) to GBX 535 ($7.39) and set a “hold” rating on the stock in a report on Thursday, November 23rd. Finally, Royal Bank of Canada restated an “outperform” rating and issued a GBX 540 ($7.46) target price on shares of Aviva in a report on Friday, December 15th. Two analysts have rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of GBX 567.76 ($7.84).

Shares of AV stock remained flat at $GBX 495.90 ($6.85) during trading on Friday. Aviva has a one year low of GBX 482.20 ($6.66) and a one year high of GBX 550 ($7.60).

In other news, insider Patricia Cross acquired 2,704 shares of the stock in a transaction on Thursday, March 22nd. The stock was acquired at an average price of GBX 508 ($7.02) per share, with a total value of £13,736.32 ($18,978.06). Insiders have acquired 2,821 shares of company stock valued at $1,433,767 in the last three months.

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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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