Breaking: Aviva (LON:AV) Buy Rating Reaffirmed by equity analysts Canaccord Genuity Today; The Target Price Given is GBX 600

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Aviva (LON:AV) Rating Reaffirmed

They currently have a GBX 600 target PPS on Aviva (LON:AV). The target price by Canaccord Genuity would suggest a potential upside of 18.81% from the company’s last price. This has been announced to investors in analysts note on Friday, 4 December.

From a total of 18 analysts covering Aviva PLC (LON:AV) stock, 15 rate it a ”Buy”, 3 a “Sell”, and 4 a ”Hold”. This means that 68% of the ratings are positive. The highest target price is GBX 700 while the lowest target price is GBX 460. The mean of all analyst targets is GBX 596.28 with a 17.52% above today’s (GBX 505) stock price. Aviva PLC was the topic of 67 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Add” rating. Credit Suisse maintained shares with “Outperform” rating and GBX 630 target share price in a report from a November 24. Citigroup maintained AV stock in a recent report from November 26 with “Buy” rating. Barclays Capital maintained the rating on November 23. Barclays Capital has a “Overweight” rating and a GBX 627 price target on shares. Finally, Societe Generale maintained the stock with “Buy” rating in a report issued on a November 25.

Approximately 1.37 million shares of stock traded hands. Aviva plc (LON:AV) has declined 4.36% since May 7, 2015 and is downtrending. It has underperformed by 1.58% the S&P500.

Breaking: Aviva (LON:AV) Buy Rating Reaffirmed by equity analysts Canaccord Genuity Today; The Target Price Given is GBX 600

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 20.37 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 14.12 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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