We feel the company has many catalysts that could see the share price rise substantially over the next twelve months. At just 415p, the stock is cheap trading on a forward P/E multiple of just 6.9x and at a substantial discount to its EEV of 487p per share. In the meantime, investors are rewarded with a well-covered yield of 6.2%. Option traders may want to look at the August 380 or 400 puts, trading at 4p and 9p respectively.
https://gam.gi/wp-content/uploads/2019/06/gamlogo.png 0 0 Mark Maloney https://gam.gi/wp-content/uploads/2019/06/gamlogo.png Mark Maloney2011-07-12 00:00:002019-07-24 12:25:44Aviva - Buy