Aviva PLC (LON:AV) Rating
Aviva PLC (LON:AV) had its stock rating noted as “Buy” by analysts at Panmure Gordon. Panmure Gordon currently has a GBX 660.00 target price per share on the 20.24B GBP market cap company or 31.34% upside potential. This was disclosed to clients in analysts note on Friday, 20 November.
Out of 20 analysts covering Aviva PLC (LON:AV), 14 rate it “Buy”, 3 “Sell”, while 3 “Hold”. This means 70% are positive. GBX 700 is the highest target while GBX 475 is the lowest. The GBX 594.72 average target is 16.96% above today’s (GBX 508.5) stock price. Aviva PLC was the topic in 60 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Panmure Gordon maintained the stock on November 20 with “Buy” rating. JP Morgan maintained it with “Overweight” rating and GBX 597 target price in an October 30 report. Bernstein maintained the shares of AV in a report on November 11 with “Outperform” rating. Deutsche Bank maintained the firm’s rating on October 30. Deutsche Bank has “Buy” rating and GBX 620 price target. Finally, Societe Generale maintained the stock with “Buy” rating in an October 30 report.
About 2.27 million shares traded hands. Aviva plc (LON:AV) has declined 6.15% since April 23, 2015 and is downtrending. It has underperformed by 5.23% the S&P500.
The institutional sentiment increased to 1.76 in Q2 2015. Its up 0.43, from 1.33 in 2015Q1. The ratio improved, as 6 funds sold all Aviva plc shares owned while 23 reduced positions. 16 funds bought stakes while 35 increased positions. They now own 15.43 million shares or 1.82% more from 15.16 million shares in 2015Q1.
Wright Investors Service Inc holds 1.88% of its portfolio in Aviva plc for 253,652 shares. Causeway Capital Management Llc owns 1.32 million shares or 0.52% of their US portfolio. Moreover, Thornburg Investment Management Inc has 0.29% invested in the company for 3.20 million shares. The Virginia-based Yorktown Management & Research Co Inc has invested 0.25% in the stock. Euclid Advisors Llc, a Connecticut-based fund reported 344,699 shares.
Aviva plc is a provider of long-term insurance and savings general and health insurance and fund management services and products. The company has a market cap of 20.24 billion GBP. The Firm operates across four lines of business: The Company’s long-term insurance and savings business, which includes a range of life insurance and savings products; general insurance, which focuses on personal and commercial lines, health insurance and fund management, which manages funds on behalf of its long-term insurance and general insurance businesses, external institutions, pension funds and retail clients. It has 14.22 P/E ratio.
According to Zacks Investment Research, “Aviva has established a competitive position in North America. In the US, the world’s largest savings market, Aviva is the leading provider of indexed annuity and indexed life insurance products. Its principal activity is the provision of financial products and services, focused on the following lines of business: long-term insurance and savings business, fund management and general insurance and health. The company’s business is managed on a geographic basis through a regional management structure based on four regions, U.K., Europe, North America and Asia Pacific. The four regions function as five operating segments as, due to the size of the U.K. region, it is split into two operating segments, U.K. Life and U.K. General Insurance, which undertake long term insurance and savings business and general insurance respectively.” Get a free copy of the Zacks research report on Aviva plc (AV)
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