Picture of Aviva logo

AVVIY Aviva News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsConservativeLarge CapNeutral

Aviva falls after financial targets meet expectations

** Shares of British insurer Aviva AV.L down 4.1% at 662.8p

** AV sets itself new financial targets from its combination with motor insurer Direct Line

** Co expects operating earnings growth per share of 11% over next three years

** Analysts said the new targets were broadly similar to their forecasts, with RBC adding investor expectations had been high ahead of the update

** Analysts at JP Morgan say, "With EPS guidance looking similar to consensus, we expect some pressure on shares today"

** Co's nine-month general insurance premiums up 12% to 10 bln pounds

** AV says, in general insurance, observed areas of rate softening in first nine months

** Including session moves, stock up ~47.7% YTD

(Reporting by Ankita Bora in Bengaluru)

((Ankita.Bora@thomsonreuters.com))

Recent news on Aviva

See all news