Aviva (LON:AV) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Aviva (LON:AV) had its price objective raised by stock analysts at JPMorgan Chase & Co. from GBX 615 ($7.95) to GBX 635 ($8.21) in a report issued on Thursday, Marketbeat.com reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 18.60% from the company’s previous close.

Separately, Deutsche Bank Aktiengesellschaft restated a “top pick” rating on shares of Aviva in a research report on Friday, December 6th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 585.67 ($7.57).

Aviva Stock Down 0.1 %

LON AV opened at GBX 535.40 ($6.92) on Thursday. The company has a debt-to-equity ratio of 68.87, a quick ratio of 1.57 and a current ratio of 2.93. The company has a market capitalization of £14.39 billion, a P/E ratio of 11.03, a P/E/G ratio of 2.01 and a beta of 0.89. Aviva has a one year low of GBX 390.70 ($5.05) and a one year high of GBX 510.20 ($6.59). The stock has a 50 day moving average price of GBX 499.76 and a 200-day moving average price of GBX 487.36.

Aviva (LON:AV) last issued its quarterly earnings results on Thursday, February 27th. The company reported GBX 23.60 ($0.31) earnings per share (EPS) for the quarter. Aviva had a return on equity of 14.82% and a net margin of 3.52%. As a group, equities analysts predict that Aviva will post 46.4942529 EPS for the current fiscal year.

Insider Transactions at Aviva

In other news, insider Pippa Lambert purchased 988 shares of the business’s stock in a transaction dated Friday, December 27th. The shares were purchased at an average price of GBX 465 ($6.01) per share, for a total transaction of £4,594.20 ($5,937.96). Corporate insiders own 0.17% of the company’s stock.

Aviva Company Profile

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.