Positive Report for Aviva plc (AV) from Mediobanca
Mediobanca analyst upgraded Aviva plc (AV – Research Report) to a Buy today and set a price target of p689.00. The company’s shares closed today at p618.80.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aviva plc with a p629.66 average price target, representing a 1.76% upside. In a report released on June 20, UBS also maintained a Buy rating on the stock with a £7.00 price target.
Based on Aviva plc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p19.07 billion and a net profit of p24 million. In comparison, last year the company earned a revenue of p26.86 billion and had a net profit of p681 million
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.
