UBS Sticks to Their Buy Rating for Aviva plc (AV)
UBS analyst Nasib Ahmed maintained a Buy rating on Aviva plc today and set a price target of p750.00.
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Ahmed covers the Financial sector, focusing on stocks such as Prudential, Aviva plc, and ASR Nederland N.V. According to TipRanks, Ahmed has an average return of 19.7% and an 84.16% success rate on recommended stocks.
In addition to UBS, Aviva plc also received a Buy from RBC Capital’s Mandeep Jagpal in a report issued yesterday. However, on November 18, Barclays maintained a Hold rating on Aviva plc (LSE: AV).
Based on Aviva plc’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p12.37 billion and a net profit of p698 million. In comparison, last year the company earned a revenue of p10.84 billion and had a net profit of p626 million
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AV in relation to earlier this year.
