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Aviva: UBS reiterates buy rating

(CercleFinance.com) - UBS confirms its buy rating on the Aviva stock, with a target price of 480 pence.


The group could be subject a takeover target, the analyst says, following an article in The Times.

"Aviva - Potential RSA bid", and The Times reports, and "a takeover target itself", UBS notes.

The Times suggests that Aviva could be taken over by a foreign group: the German sector giant Allianz has reportedly made a takeover bid.


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