Aviva plc (LON:AV) Price Target Increased to GBX 608 by Analysts at Macquarie

Aviva plc (LON:AV) had its target price lifted by Macquarie from GBX 598 ($7.79) to GBX 608 ($7.92) in a research report sent to investors on Tuesday. Macquarie currently has an outperform rating on the stock.

Several other equities research analysts have also recently weighed in on AV. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 589 ($7.67) price target on shares of Aviva plc in a research note on Thursday, May 11th. Panmure Gordon reissued a buy rating and issued a GBX 635 ($8.27) price target on shares of Aviva plc in a research note on Thursday, August 3rd. Shore Capital reissued a hold rating on shares of Aviva plc in a research note on Thursday, August 3rd. Barclays PLC reissued an equal weight rating and issued a GBX 502 ($6.54) price target (up previously from GBX 493 ($6.42)) on shares of Aviva plc in a research note on Friday, May 12th. Finally, Deutsche Bank AG reissued a buy rating and issued a GBX 585 ($7.62) price target on shares of Aviva plc in a research note on Tuesday, May 16th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company’s stock. Aviva plc presently has an average rating of Hold and an average price target of GBX 557.75 ($7.26).

Aviva plc (LON AV) opened at 518.50 on Tuesday. Aviva plc has a 12 month low of GBX 411.08 and a 12 month high of GBX 570.50. The company’s market capitalization is GBX 20.95 billion. The company has a 50-day moving average price of GBX 531.43 and a 200 day moving average price of GBX 522.53.

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The company also recently declared a dividend, which will be paid on Friday, November 17th. Shareholders of record on Thursday, October 5th will be issued a GBX 8.40 ($0.11) dividend. The ex-dividend date is Thursday, October 5th. This represents a yield of 1.6%.

In other Aviva plc news, insider Tom Stoddard sold 53,325 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of GBX 536 ($6.98), for a total value of £285,822 ($372,212.53).

About Aviva plc

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.