UBS Sticks to Its Buy Rating for Aviva plc (AV)
In a report released today, Nasib Ahmed from UBS maintained a Buy rating on Aviva plc (AV – Research Report), with a price target of £7.00. The company’s shares closed today at p623.00.
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According to TipRanks, Ahmed is a 5-star analyst with an average return of 17.2% and an 83.33% success rate. Ahmed covers the Financial sector, focusing on stocks such as Prudential, Aegon NV, and M&G Plc.
Currently, the analyst consensus on Aviva plc is a Moderate Buy with an average price target of p612.58, implying a -1.67% downside from current levels. In a report released on June 6, Deutsche Bank also maintained a Buy rating on the stock with a £6.75 price target.
The company has a one-year high of p626.80 and a one-year low of p440.50. Currently, Aviva plc has an average volume of 9.32M.
Based on the recent corporate insider activity of 31 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.
