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Aviva plc (AV) Gets a Hold from Barclays

Tipranks - Tipranks - Tue May 12, 6:52AM CDT

In a report released today, Larissa Van Deventer from Barclays maintained a Hold rating on Aviva plc, with a price target of £6.90.

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Van Deventer covers the Financial sector, focusing on stocks such as Prudential, Standard Life plc., and Aviva plc. According to TipRanks, Van Deventer has an average return of 6.0% and a 54.29% success rate on recommended stocks.

In a report released on May 3, Jefferies also downgraded the stock to a Hold with a p637.00 price target.

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Based on Aviva plc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p38.52 billion and a net profit of p226 million. In comparison, last year the company earned a revenue of p19.07 billion and had a net profit of p24 million

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AV in relation to earlier this year.

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