Aviva (LON:AV) Shares Up 0.6% – What’s Next?

Shares of Aviva plc (LON:AV) shot up 0.6% on Tuesday . The stock traded as high as GBX 488.30 ($6.15) and last traded at GBX 487.60 ($6.14). 3,349,782 shares changed hands during trading, The stock had previously closed at GBX 484.90 ($6.10).

Analysts Set New Price Targets

AV has been the topic of a number of recent research reports. Jefferies Financial Group raised their price target on shares of Aviva from GBX 525 ($6.61) to GBX 550 ($6.92) and gave the stock a “buy” rating in a research report on Monday, September 9th. The Goldman Sachs Group started coverage on Aviva in a research note on Wednesday, September 18th. They issued a “buy” rating for the company. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Aviva currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 538 ($6.77).

Aviva Stock Down 1.3 %

The firm has a market cap of £12.75 billion, a P/E ratio of 1,042.39, a price-to-earnings-growth ratio of 2.01 and a beta of 0.89. The firm’s 50-day moving average price is GBX 476.70 and its 200 day moving average price is GBX 482.57. The company has a quick ratio of 1.57, a current ratio of 2.17 and a debt-to-equity ratio of 67.09.

Insider Buying and Selling at Aviva

In related news, insider Amanda Blanc acquired 6,250 shares of Aviva stock in a transaction that occurred on Wednesday, September 4th. The stock was acquired at an average price of GBX 499 ($6.28) per share, with a total value of £31,187.50 ($39,264.13). Also, insider Pippa Lambert bought 987 shares of the stock in a transaction on Monday, September 30th. The shares were bought at an average cost of GBX 489 ($6.16) per share, for a total transaction of £4,826.43 ($6,076.33). 0.17% of the stock is owned by company 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.