Aviva (LON:AV) PT Lowered to GBX 520 at JPMorgan Chase & Co.

Aviva (LON:AV – Get Rating) had its target price cut by JPMorgan Chase & Co. from GBX 530 ($6.53) to GBX 520 ($6.41) in a research note released on Tuesday, MarketBeat reports. They currently have an overweight rating on the stock.

AV has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft reissued a buy rating and issued a GBX 520 ($6.41) price target on shares of Aviva in a research note on Thursday, May 5th. Berenberg Bank reissued a buy rating and issued a GBX 540 ($6.66) price target on shares of Aviva in a research note on Thursday, March 3rd. Morgan Stanley reissued an overweight rating on shares of Aviva in a research note on Wednesday, May 11th. Royal Bank of Canada reaffirmed an outperform rating and set a GBX 480 ($5.92) target price on shares of Aviva in a research report on Friday, April 1st. Finally, Barclays cut Aviva to an equal weight rating and upped their target price for the stock from GBX 468 ($5.77) to GBX 480 ($5.92) in a research report on Monday, April 4th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Aviva has a consensus rating of Buy and a consensus price target of GBX 530 ($6.53).

LON AV opened at GBX 412.10 ($5.08) on Tuesday. The stock’s 50-day moving average price is GBX 428.58 and its two-hundred day moving average price is GBX 419.56. The company has a current ratio of 2.53, a quick ratio of 1.48 and a debt-to-equity ratio of 40.18. The company has a market cap of £15.20 billion and a PE ratio of 8.23. Aviva has a 1 year low of GBX 361.10 ($4.45) and a 1 year high of GBX 538.42 ($6.64).

The company also recently announced a dividend, which will be paid on Tuesday, May 31st. Investors of record on Monday, May 16th will be given a GBX 100 ($1.23) dividend. This represents a yield of 23.93%. The ex-dividend date of this dividend is Monday, May 16th. This is a positive change from Aviva’s previous dividend of $14.70. Aviva’s dividend payout ratio (DPR) is currently 58.35%.

In other Aviva news, insider Amanda Blanc sold 16,383 shares of Aviva stock in a transaction on Friday, March 25th. The stock was sold at an average price of GBX 438 ($5.40), for a total value of £71,757.54 ($88,458.51). Also, insider Belen Romana Garcia acquired 1,434 shares of the company’s stock in a transaction on Monday, March 28th. The stock was bought at an average cost of GBX 452 ($5.57) per share, with a total value of £6,481.68 ($7,990.24).

About Aviva (Get Rating)

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.

See Also