Aviva (LON:AV) Given New GBX 525 Price Target at Goldman Sachs Group
Aviva (LON:AV) had its price objective cut by Goldman Sachs Group from GBX 535 ($6.99) to GBX 525 ($6.86) in a report released on Tuesday, ThisIsMoney.Co.Uk reports. They currently have a buy rating on the stock.
Other equities analysts have also recently issued research reports about the company. Jefferies Financial Group reaffirmed a buy rating and issued a GBX 265 ($3.46) price target on shares of WM Morrison Supermarkets in a report on Monday, April 29th. HSBC reaffirmed a buy rating on shares of LVMH Moet Hennessy Louis Vuitton in a report on Tuesday, March 26th. Barclays upped their price target on Stanley Black & Decker from $135.00 to $145.00 and gave the company an overweight rating in a report on Wednesday, April 3rd. Deutsche Bank reaffirmed a buy rating and issued a GBX 430 ($5.62) price target on shares of in a report on Monday, June 17th. Finally, Royal Bank of Canada reaffirmed an equal weight rating on shares of Lululemon Athletica in a report on Friday, June 14th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of GBX 492 ($6.43).
LON AV opened at GBX 424 ($5.54) on Tuesday. Aviva has a twelve month low of GBX 361.80 ($4.73) and a twelve month high of GBX 504.60 ($6.59). The company has a quick ratio of 2.23, a current ratio of 3.09 and a debt-to-equity ratio of 51.04. The firm has a market cap of $16.61 billion and a PE ratio of 11.22. The business’s 50-day simple moving average is GBX 415.90.
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.
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