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ONE:
Exane BNP Paribas analyst Dominic O’Mahony downgraded Aviva to Underperform from Neutral with a 420 GBp price target.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.
TWO:
Aviva plc (GB:AV):
Analyst Consensus has changed from Strong Buy to Moderate Buy.
For more information on analyst consensus, hedge fund activity, blogger sentiment and insider transactions see GB:AV on TipRanks.
Sentiment starting to change in the run up the X-Dividend…
-Good Luck With Your own decisions-
RNS 26/3: “… Amanda Blanc’s LTIP award, following the sale of a proportion of vested awards to cover taxes, is subject to a two-year holding period.”
———-“Well done, Ms Blanc!”———-
Didn’t she just sell 2.57 million pounds worth of shares…?
Very well done Ms Blanc.
,,,,(and why not!)then this is yet more reason to hang on to these. More juicy profits to come. Well done, Ms Blanc!
Oh well,
It was bad news for the share when they announced the probe in to the deal and now it’s bad news that they are not…!
From strength to strength….520 today..?
Hopefully offset the broker cut
My avg is about 420p £6500
Holding
It's been announced this morning that the UK competition authority has decided not to perform an in-depth probe of the merger. Good news. Might give the share price another small boost.
I imagine there will be many ups and downs yet to come, so for the traders amongst us, good luck spotting the peaks and troughs, there is money to be made for sure by the lucky and/or skilful.
me, i do trade small blocks of AV. back and forth, and make some money doing that (and have fun too along the way), but my stance for some time now with the bulk of my shares here is simply to hold l/t — I think it’s a financially sound company, progressively trimmed into better shape and clearer focus by blanc, who will obviously make some mis-steps as we all do, but overall has been pretty impressive and decisive in my view.
and from a pure value basis, i think UK financials, insurance in particular, has been underpriced for 2-3 years, and as political risk declines overseas buyers will dip their toes in more. unsure what to think about IR cuts this year … some cuts likely, but some are already priced in … possible that market has got ahead of itself slightly re pace of UK IR cuts, which might trigger a 20p-30p retrace some time in 2024 if gloom takes hold?
medium / longer term, looking to slice circa 550p, then to cash in a larger portion 600p+, but not in a hurry about that at all …. sound financials, good management, decent divi, progressive policy, some growth prospects.
ajmo.
[as ever, if putin nukes berlin, or xi drops anthrax on taiwan, all bets are off, and we will all have bigger things to worry about than aviva’s share price.]
The numbers say that AV. is still significantly undervalued.
Plenty more in this one for now
I can remember Warren Buffett in the,late,eighties being asked, when do you kown when to sell and,his,answer was I don't my opinion Aviva is,still a buy up 550 then a long term hold
Aviva has been a strange stock over the years…
I thought/Hoped I would see it @£500, when first purchased during covid but it’s been hovering around the £4 for sometime and more recently £365 ish… Sentiment has changed ,I can see it making £511 over the next few days taking into account the upcoming dividend plus the 5-to-6 million pounds worth +/- of shares they are buying back per day, increasing the current stock value daily .
After XD will depend how long and how much they throw per day at the market. Currently spending an average of 6mil a day would give around 10 weeks of buying but that would be less if they decided to increase the buying after XD, therefore supporting the fall in price after the XD day.
My personal view: this is £4:50 share trading above its price, after the support has gone how quickly will it fall back…?
DYOR. Good luck with you OWN decisions 😇
My share price can't seem to cope with that buyback we did a while ago, that added a £1 into our coffers, so I'm sitting on nearly a £2 rise. Share was picked as a good dividend buy, but when you're sitting on a decent gain, its hard not to think about cashing in a good few years dividends today.
The market makes will ensure it falls by the size of the divi on Ex-divi day, so approx 4.5% using the current share price.
After that, it's anyone's guess, but if the buyback continues to hoover up a lot of the shares from any sellers and inflation continues it's downward trajectory then we shouldn't go much lower (barring a pandemic/war/financial crisis etc)
Warthog4, well in theory it should drop the same amount as the dividend plus or minus any market changes on the day, but where this will go in the weeks months after xdiv is anyone's guess, i wish i knew the answer to that one, as we don't know what effect any interest rate drops will have
..... for about 6 years but refusing to breach the 500 point. Perhaps cooling down ahead of the long weekend however but with 8 trading days before ex-div maybe we might just crack it!!
Any thoughts on how much the SP may fall on ED Day??
GLA
Spikeyj, Yes that is another option, my gut feeling is to just hold and take the dividend and should it drop back a lot add more, It's a good feeling though when a share goes above your expectations, it doesn't happen very often these days
Cheers
Robleo, if you are too conflicted over those two options, why not do one with 50% but also the other with the other 50% of your stake?
Hi all, I have an average here of £3.90 so over 25%profit, if i sell and it drops back to 3.90 in the next few months i will be very pleased with myself for taking the profit, if i hold and it drops back to 3.90 i will have the dividend but will have lost that profit, the other scenario is if i hold take the dividend and it may not drop much
good position to be in, but i guess which ever decision i make it will be the wrong one, if only i had a crystal ball
India is No.93 from 180 in the Corruption Perceptions Index. UK is No.20:Denmark is No.1(being the squeakiest)
“Irony or what? One of the most corrupt countries investigating a UK company for tax evasion?”
To be fair our government’s efforts to level down with India have been one of their rare achievements.
Not sure the Competition watchdog would allow that. Aviva and Direct Line (including Churchill) combined would have over 20% of the UK motor insurance market and be bigger than the next 2 biggest added together.
Irony or what? One of the most corrupt countries investigating a UK company for tax evasion?