JPMorgan Chase & Co. Increases Aviva (LON:AV) Price Target to GBX 498

Aviva (LON:AV) had its price objective increased by JPMorgan Chase & Co. from GBX 484 ($6.32) to GBX 498 ($6.51) in a research report report published on Monday morning, ThisIsMoney.Co.Uk reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other equities analysts have also recently commented on the company. UBS Group reaffirmed a buy rating on shares of Aviva in a report on Thursday, August 8th. Barclays raised their target price on Aviva from GBX 550 ($7.19) to GBX 551 ($7.20) and gave the stock an overweight rating in a report on Tuesday, September 3rd. Royal Bank of Canada reaffirmed a top pick rating and issued a GBX 560 ($7.32) target price on shares of Aviva in a report on Monday, August 12th. Goldman Sachs Group reaffirmed a buy rating on shares of Aviva in a report on Tuesday, August 13th. Finally, Deutsche Bank reaffirmed a buy rating on shares of Aviva in a report on Tuesday, September 3rd. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of GBX 499.82 ($6.53).

LON AV opened at GBX 388.60 ($5.08) on Monday. The business’s fifty day moving average price is GBX 379.04 and its 200-day moving average price is GBX 409.86. The stock has a market capitalization of $15.22 billion and a price-to-earnings ratio of 6.68. The company has a debt-to-equity ratio of 48.99, a current ratio of 1.91 and a quick ratio of 0.98. Aviva has a 1-year low of GBX 3.87 ($0.05) and a 1-year high of GBX 498.50 ($6.51).

The company also recently disclosed a dividend, which will be paid on Thursday, September 26th. Stockholders of record on Thursday, August 15th will be given a dividend of GBX 9.50 ($0.12) per share. The ex-dividend date is Thursday, August 15th. This represents a dividend yield of 2.46%. Aviva’s payout ratio is 0.52%.

Aviva Company Profile

Aviva plc provides various insurance and savings products primarily in the United Kingdom, rest of Europe, North America, and South-East Asia. The company offers life insurance, long term health and accident insurance, savings, pension, and annuity products; and lifetime mortgage products. It also provides insurance cover to individuals, and small and medium-sized businesses for risks associated primarily with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.

See Also: Gross Domestic Product (GDP)

Analyst Recommendations for Aviva (LON:AV)

Receive News & Ratings for Aviva Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aviva and related companies with's FREE daily email newsletter.