Aviva (LON:AV) Stock Price Down 0.1% – Should You Sell?

Shares of Aviva plc (LON:AV) fell 0.1% during mid-day trading on Friday . The company traded as low as GBX 473.60 ($6.15) and last traded at GBX 473.80 ($6.15). 3,057,116 shares were traded during mid-day trading, The stock had previously closed at GBX 474.10 ($6.16).

Analyst Upgrades and Downgrades

Several brokerages have recently commented on AV. Jefferies Financial Group lifted their target price on Aviva from GBX 525 ($6.82) to GBX 550 ($7.14) and gave the stock a “buy” rating in a research note on Monday, September 9th. The Goldman Sachs Group started coverage on shares of Aviva in a research report on Wednesday, September 18th. They set a “buy” rating for the company. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 545 ($7.08) price objective on shares of Aviva in a research report on Friday, July 5th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 524.80 ($6.81).

Aviva Price Performance

The firm has a market cap of £12.31 billion, a P/E ratio of 1,030.00, a PEG ratio of 2.01 and a beta of 0.89. The company has a debt-to-equity ratio of 67.09, a current ratio of 2.17 and a quick ratio of 1.57. The company’s 50-day moving average is GBX 489.92 and its two-hundred day moving average is GBX 483.

Aviva Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 17th. Shareholders of record on Thursday, September 5th were issued a GBX 11.90 ($0.15) dividend. This represents a dividend yield of 2.44%. The ex-dividend date was Thursday, September 5th. Aviva’s dividend payout ratio is presently 7,391.30%.

Insider Activity at Aviva

In related news, insider Amanda Blanc purchased 6,250 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The shares were bought at an average cost of GBX 499 ($6.48) per share, with a total value of £31,187.50 ($40,492.73). In other news, insider Amanda Blanc purchased 6,250 shares of the company’s stock in a transaction dated Wednesday, September 4th. The stock was bought at an average cost of GBX 499 ($6.48) per share, for a total transaction of £31,187.50 ($40,492.73). Also, insider Pippa Lambert acquired 987 shares of Aviva stock in a transaction that occurred on Monday, September 30th. The shares were purchased at an average price of GBX 489 ($6.35) per share, for a total transaction of £4,826.43 ($6,266.46). 0.17% of the stock is currently owned by insiders.

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.