Aviva (AV) Lowered to “Add” at AlphaValue

Aviva (LON:AV) was downgraded by investment analysts at AlphaValue to an “add” rating in a research note issued on Tuesday, April 10th.

Other research analysts also recently issued research reports about the stock. Citigroup restated a “buy” rating and set a GBX 603 ($8.63) price objective on shares of Aviva in a research report on Friday, March 9th. Deutsche Bank restated a “buy” rating and set a GBX 600 ($8.59) price objective on shares of Aviva in a research report on Tuesday, February 6th. Jefferies Group increased their price objective on shares of Aviva from GBX 606 ($8.68) to GBX 626 ($8.96) and gave the company a “buy” rating in a research report on Monday, March 19th. Royal Bank of Canada restated an “outperform” rating and set a GBX 540 ($7.73) price objective on shares of Aviva in a research report on Friday, December 15th. Finally, JPMorgan Chase restated an “overweight” rating and set a GBX 636 ($9.11) price objective on shares of Aviva in a research report on Thursday, March 8th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company’s stock. Aviva has an average rating of “Buy” and an average target price of GBX 575.73 ($8.24).

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LON:AV opened at GBX 522 ($7.47) on Tuesday. Aviva has a 52 week low of GBX 482.20 ($6.90) and a 52 week high of GBX 550 ($7.88).

In related news, insider Patricia Cross bought 2,704 shares of the business’s stock in a transaction that occurred on Thursday, March 22nd. The stock was bought at an average cost of GBX 508 ($7.27) per share, with a total value of £13,736.32 ($19,668.27). Insiders have purchased 2,821 shares of company stock valued at $1,433,100 over the last ninety days.

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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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