Aviva PLC
AV.: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|p< | LOCK|Qm | LOCK|B@PM%B |
Aviva Earnings: Transition Continues to Capital Light
With earnings and balance sheet weakness, a lot of negatives can be pulled out of Aviva's results. But fundamentally, operating profit is ahead of target, one year early, even if we exclude operating profit from Direct Line. Solvency and liquidity are most likely dragging down shares.
