Highlights

  • JPMorgan has revised Aviva target to GBX 635, maintains “Overweight” rating
  • Stock closed at GBX 614.40, still below the revised target
  • Market cap at GBP 16.34B, trading with a P/E of 12.53

Aviva plc (LON:AV) received a revised analyst rating from JPMorgan Chase & Co., which raised its price target from GBX 615 to GBX 635 while maintaining its “Overweight” stance. The updated forecast was issued on March 6th, positioning the stock above its Thursday close of GBX 614.40.

Despite minimal movement—shares edged up 0.2% in Thursday’s session—the broker sentiment suggests continued confidence in Aviva’s valuation potential. The target price from JPMorgan implies a moderate upside from current levels.

Aviva’s fundamentals support the rating, with a price-to-earnings ratio of 12.53 and a P/E/G ratio of 2.01. The firm also carries a beta of 0.89, suggesting relatively lower market volatility. Its debt-to-equity ratio stands at 68.87, with liquidity ratios (quick: 1.57, current: 2.93) reflecting balance sheet stability.

The stock has climbed steadily over the past months, with its 50-day average at GBX 568.27 and 200-day average at GBX 527.11. Insider activity in March included the sale of over 523,000 shares by CEO Amanda Blanc, totaling nearly GBP 2.91 million.