![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Top Brokers
Recent discussions on ADVFN regarding Aviva Plc indicate a bullish sentiment among investors, particularly following Barclays' decision to upgrade the stock to 'Overweight' from 'Equal Weight' with a new price target of 565 pence, up from a previous target of 540 pence. This upgrade reflects a growing confidence in the insurance sector, as highlighted by a Fidelity fund manager who emphasized that UK stocks, including Aviva, deserve "more love." The insurer's positioning is seen as particularly favorable in a climate where there is increasing advice from tax advisers for wealthy individuals to activate life assurance policies to reduce inheritance tax burdens, pointing to potential new revenue streams for Aviva.
Investor sentiment appears cautiously optimistic, as some participants express skepticism about financial journalism's value in shaping investment decisions. Nonetheless, the prevailing discussion underscores an acknowledgment of Aviva's strong potential in the insurance market, with participants recognizing the company's growth prospects amidst macroeconomic shifts. The quote from the Fidelity fund manager, emphasizing sectoral allocations to insurers like Aviva, encapsulates the current positive outlook: "Wright’s biggest sectoral bet today is insurers, including Aviva." This statement, along with Barclays' upgrade, has contributed to a general air of confidence regarding Aviva's future performance among investors.
Show more
During the week of February 9-16, 2025, Aviva Plc attracted significant attention from major institutional investors, all disclosing ownership positions that exceed 1% of the company's securities in accordance with regulatory requirements. UBS O'Connor, BlackRock, BNP Paribas, Barclays, State Street Global Advisors, and Artemis Investment Management LLP are among the firms that submitted Form 8.3 disclosures, indicating strategic interests in Aviva's future. Each disclosure, dated February 13, 2025, underscores the increasing investor interest in Aviva's market performance as the company continues to navigate the landscape of the financial services sector.
While there were no specific financial highlights or major corporate developments reported in this period, the concentration of significant institutional holdings signals a potentially bullish outlook for Aviva. Such disclosures typically suggest confidence in the company's stability and growth prospects, which might lead to increased market activity. Overall, the involvement of prominent investment firms may enhance Aviva's visibility and credibility in the market, paving the way for strategic initiatives or potential shifts in company direction leading up to and beyond this reporting period.
Show more
Sometimes things don't work out as expected. All this "excitement" may draw full attention to the value in Aviva itself. Based upon premium being speculated upon for DL, some larger fish might realise that AV is a steal at its current valuation and come up with an offer for AV at circa £7.(which I have long said is probably the actual minimum T/O price) |
Thin end of the wedge cfro - Before you know it, the offer's at 300p and we're well into overpaid territory. FOMO is a great wealth dissipater.spud |
AV could pay a little more for DLG say 270-80p and it would still be a great deal for all imo. |
@Masureguy, thanks for posting that timely note from UBS which provides some comfort. |
That's all very nice and 590p would be very acceptable, but analysts have been coming up with these pie in the sky target prices for AV for years - yet the last time the price was over £6 was before the financial crisis. |
Direct Line takeover would accelerate Aviva's 'capital-light' strategy, says investment bank |
@cjac39, I too would have expected Av share price to have dropped more than it has so far but as tornado points out there are clear benefits to be gained at the right price.Also if Av doesn't buy DL then someone else ( a powerful competitor), probably will. |
Market sees a lot of sense and potential efficiencies in the deal. Clear we expect the market cap to increase as result (adding more shares without significant share price drop). Just important they do not pay over the odds for it |
isnt it curious that av is down so little relative to the dilution that comes with using shares? |
Strong coverage again in the FT this morning. Looks like a bid sweetner is immanent |
From the above: - |
One top 20 Direct Line investor said: “The offer undervalues the business, especially as Aviva has motor so they can combine them and extract synergies.” |
A snippet from the FT article: - |
Sounds like hostile takeover |
FT. ‘Aviva goes direct to shareholders’ |
Win, win for AV, as long as they don't overpay. Takeover at a decent price looks good value for AV but not much lost if they walk away. |
Can an offer at a near-60 per cent premium to the market price substantially undervalue a company? |
Lex column in FT . ‘Direct Line playing hard ball with Aviva bid.’ Sorry behind paywall so don’t know what it says. |
What's the latest RNS re-Aberdeen, Direct line and Aviva |
250p is over 50% higher than the share price before the offer. Some big shareholders in DLG must surely be urging DLG management to reconsider. DLG was up around 300p 3 years ago, but has been in the doldrums for 2.5 years now... |
I do not believe that either Aviva or Ageas before them are reckless management. They see obvious synergies with DLG, that can be combined with turnaround potential. Might work out well over the medium term. |
I’m not sure the idea of AV. issuing more shares and then using a chunk of the proceeds to give diluted shareholders a special dividend, is a goer. |
Type | Ordinary Share |
Share ISIN | GB00BPQY8M80 |
Sector | Insurance Carriers, Nec |
Bid Price | 509.00 |
Offer Price | 509.40 |
Open | 514.80 |
Shares Traded | 4,329,631 |
Last Trade | 16:35:19 |
Low - High | 506.60 - 516.00 |
Turnover | 41.43B |
Profit | 1.09B |
EPS - Basic | 0.4052 |
PE Ratio | 12.56 |
Market Cap | 13.67B |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions