Archived Article This article was published more than 5 months ago. The market data, prices, forecasts, and analysis were accurate at the time of publication but may have changed since then. Please use this article for historical reference only and refer to our latest content for current market information.
- Aviva share price forecast: LON: AV maintains its uptrend despite a minor correction on Thursday. The stock may soon target 435p resistance.
Aviva (LON: AV) share price remains on an upward trajectory despite a slight correction on Thursday. The insurance giant’s shares opened at 411p in a very volatile session. However, the shares were still up 2.15% on the weekly timeframe.
On Thursday, the London Stock Exchange experienced a bearish sentiment as the FTSE 100 index lost 76 points. This resulted in a negative price action in major equities like Avivia shares which slid 0.24% today.
Aviva plc has recently reported its third-quarter update. The firm reiterated its 5-7% profit growth guidance in 2023. This news solidified the uptrend in the stock of one of the Britain’s largest insurers which also broke above its 200-daily moving average.
Aviva share price forecast is looking bullish as shares surged to a new monthly high today. There is definitely some resistance above 415p but a strong demand in the coming days could easily push the price toward its next resistance of 435p.
LON: AV Chart
