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Kepler Capital Sticks to Their Hold Rating for Aviva plc (AV)

Tipranks - Tipranks - Sat Mar 7, 7:50PM CST

In a report released on March 5, Batikan Kaya from Kepler Capital maintained a Hold rating on Aviva plc, with a price target of p705.49. The company’s shares closed yesterday at p645.60.

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According to TipRanks, Kaya is a 2-star analyst with an average return of 0.4% and a 52.94% success rate. Kaya covers the Financial sector, focusing on stocks such as Admiral, Aviva plc, and Helvetia Holding AG.

Currently, the analyst consensus on Aviva plc is a Moderate Buy with an average price target of p720.08, implying an 11.54% upside from current levels. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a £6.90 price target.

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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

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