Barclays Downgrades Aviva plc (AV) to Underweight; Sees Dividend Cut

January 8, 2013 1:18 PM EST
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Price: $11.69 --0%

Rating Summary:
    4 Buy, 8 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 19 | New: 11
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Barclays downgraded Aviva plc (NYSE: AV) from Equalweight to Underweight and cut its price target from 363p to 317p. The firm said the dividend is unsustainable and will likely be cut 15%.

For an analyst ratings summary and ratings history on Aviva plc click here. For more ratings news on Aviva plc click here.

Shares of Aviva plc closed at $12.63 yesterday.

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