Aviva (LON:AV) Coverage Initiated at The Goldman Sachs Group

The Goldman Sachs Group initiated coverage on shares of Aviva (LON:AV) in a research note issued to investors on Wednesday, Digital Look reports. The firm set a “buy” rating on the stock.

Other research analysts also recently issued research reports about the stock. Jefferies Financial Group boosted their price target on shares of Aviva from GBX 525 ($6.94) to GBX 550 ($7.27) and gave the stock a “buy” rating in a research report on Monday, September 9th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 545 ($7.20) target price on shares of Aviva in a report on Friday, July 5th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Aviva presently has an average rating of “Moderate Buy” and a consensus price target of GBX 524.80 ($6.93).

Aviva Trading Up 0.6 %

LON AV traded up GBX 3 ($0.04) during trading hours on Wednesday, reaching GBX 494.40 ($6.53). The company’s stock had a trading volume of 3,601,506 shares. The firm has a fifty day simple moving average of GBX 490.71 and a 200-day simple moving average of GBX 482.36. The company has a debt-to-equity ratio of 67.09, a current ratio of 2.17 and a quick ratio of 1.57. Aviva has a 52 week low of GBX 375.10 ($4.96) and a 52 week high of GBX 510.20 ($6.74). The stock has a market cap of £13.15 billion, a P/E ratio of 1,074.78, a P/E/G ratio of 1.93 and a beta of 0.89.

Insider Activity at Aviva

In other news, insider Thomas Neil bought 100,000 shares of the company’s stock in a transaction on Monday, June 24th. The shares were purchased at an average price of GBX 484 ($6.39) per share, with a total value of £484,000 ($639,365.92). In other Aviva news, insider Amanda Blanc acquired 6,250 shares of the stock in a transaction that occurred on Wednesday, September 4th. The shares were bought at an average price of GBX 499 ($6.59) per share, for a total transaction of £31,187.50 ($41,198.81). Also, insider Thomas Neil bought 100,000 shares of Aviva stock in a transaction that occurred on Monday, June 24th. The shares were acquired at an average price of GBX 484 ($6.39) per share, with a total value of £484,000 ($639,365.92). In the last three months, insiders purchased 107,253 shares of company stock valued at $52,002,196. 0.17% of the stock is owned by insiders.

About Aviva

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.