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Added to YB: 2024-03-12

Pitch date: 2024-03-11

AV.L [bullish]

Aviva plc

+63.95%

current return

Author Info

Company Info

Aviva plc provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, and internationally.

Market Cap

GBP 19.6B

Pitch Price

GBP 4.06

Price Target

N/A

Dividend

5.79%

EV/EBITDA

2.16

P/E

29.21

EV/Sales

0.24

Sector

Insurance

Category

growth

Show full summary:
Company Updates - $AV

AV.L: Aviva's £242m Probitas buy grants Lloyd's access, bolsters GCS reach. Acquired for 7x est. 2026 profit, targets high-teen IRR. '23 IFRS operating profit up 9% to £1,467m; SII OFG up 12% to £1,729m. New £300m buyback + final div of 22.3p/share reflect strong position & growth strategy.

Read full article (7 min)