Aviva's Well-Functioning Business Model Prompts Upgrade -- Market Talk

Dow Jones19:04

1103 GMT - Aviva's results have shown that the British insurer and asset manager's strategy and business model are working well, HSBC says in a research note. Analysts point out that shares have fallen since mid-year highs but the stock offers attractive growth and capital returns. HSBC raises its rating on the stock to buy from hold and lift its target price to 555 pence from 520 pence. Aviva has made notable improvements in its core areas and is focusing on growing its capital-light businesses, operational efficiencies and enhancing customer relationships, they say. "We believe the group is delivering on its strategy and could overachieve on its 2026 targets," they write. Shares in London rise 1.3% to 481.4 pence and have gained 11% year to date. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

November 15, 2024 06:04 ET (11:04 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483325045?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-15 19:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483325045","market":"hk","top_or_hot":-1,"title":"Aviva's Well-Functioning Business Model Prompts Upgrade -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1103 GMT - Aviva's results have shown that the British insurer and asset manager's strategy and business model are working well, HSBC says in a research note. Analysts point out that shares have fallen since mid-year highs but the stock offers attractive growth and capital returns. HSBC raises its rating on the stock to buy from hold and lift its target price to 555 pence from 520 pence. Aviva has made notable improvements in its core areas and is focusing on growing its capital-light businesses, operational efficiencies and enhancing customer relationships, they say. \"We believe the group is delivering on its strategy and could overachieve on its 2026 targets,\" they write. Shares in London rise 1.3% to 481.4 pence and have gained 11% year to date. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 15, 2024 06:04 ET (11:04 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Aviva's Well-Functioning Business Model Prompts Upgrade -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAviva's Well-Functioning Business Model Prompts Upgrade -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 19:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1103 GMT - Aviva's results have shown that the British insurer and asset manager's strategy and business model are working well, HSBC says in a research note. Analysts point out that shares have ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSBC","symbol_name":"汇丰","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483325045","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483325045","pubTimestamp":1731668640,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1103 GMT - Aviva's results have shown that the British insurer and asset manager's strategy and business model are working well, HSBC says in a research note. Analysts point out that shares have fallen since mid-year highs but the stock offers attractive growth and capital returns. HSBC raises its rating on the stock to buy from hold and lift its target price to 555 pence from 520 pence. Aviva has made notable improvements in its core areas and is focusing on growing its capital-light businesses, operational efficiencies and enhancing customer relationships, they say. \"We believe the group is delivering on its strategy and could overachieve on its 2026 targets,\" they write. Shares in London rise 1.3% to 481.4 pence and have gained 11% year to date. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HSBC":"汇丰","BK4585":"ETF&股票定投概念","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","HSBA.UK":"汇丰控股有限公司","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","BK1231":"综合性银行","00005":"汇丰控股","BK1572":"香港银行股","BK4588":"碎股","BK4207":"综合性银行","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK1610":"ETF&股票定投概念","LU0540923850.HKD":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","BK1601":"香港本地股","LU0164880469.USD":"HSBC GIF HONG KONG EQUITY \"AC\" ACC","HSHD.SI":"HSBC HK SDR 5to1","LU0634319403.HKD":"ALLIANZ HONG KONG EQUITY \"AT\" (HKD) ACC","BK4521":"英国银行股","03143":"华夏香港银行股"},"translate_title":"英杰华运作良好的商业模式促使升级——市场谈","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00005":0.72,"HSBA.UK":0.6,"HSHD.SI":0.6,"HSBC":0.6,"03143":0.6},"content_text":"1103 GMT - Aviva's results have shown that the British insurer and asset manager's strategy and business model are working well, HSBC says in a research note. Analysts point out that shares have fallen since mid-year highs but the stock offers attractive growth and capital returns. HSBC raises its rating on the stock to buy from hold and lift its target price to 555 pence from 520 pence. Aviva has made notable improvements in its core areas and is focusing on growing its capital-light businesses, operational efficiencies and enhancing customer relationships, they say. \"We believe the group is delivering on its strategy and could overachieve on its 2026 targets,\" they write. Shares in London rise 1.3% to 481.4 pence and have gained 11% year to date. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 15, 2024 06:04 ET (11:04 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483325045"}