AVEVA Group plc (LON:AVV) Receives Consensus Recommendation of “Hold” from Analysts
Shares of AVEVA Group plc (LON:AVV) have earned a consensus rating of “Hold” from the thirteen brokerages that are presently covering the company. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 1,625 ($21.21).
A number of research firms have recently weighed in on AVV. JPMorgan Chase & Co. lifted their target price on AVEVA Group plc from GBX 1,550 ($20.23) to GBX 1,750 ($22.84) and gave the stock a “neutral” rating in a report on Tuesday, July 12th. Beaufort Securities reissued a “buy” rating on shares of AVEVA Group plc in a report on Monday, July 11th. Numis Securities Ltd reissued a “buy” rating and set a GBX 1,910 ($24.93) target price on shares of AVEVA Group plc in a report on Friday, July 8th. Barclays PLC reissued an “equal weight” rating and set a GBX 1,450 ($18.93) target price on shares of AVEVA Group plc in a report on Thursday, June 30th. Finally, Panmure Gordon downgraded AVEVA Group plc to a “hold” rating and dropped their target price for the stock from GBX 2,200 ($28.72) to GBX 1,675 ($21.86) in a report on Wednesday, June 15th.
Shares of AVEVA Group plc (LON:AVV) traded up 2.30% during midday trading on Monday, reaching GBX 2042.00. 96,637 shares of the company’s stock were exchanged. AVEVA Group plc has a 12 month low of GBX 1,221.00 and a 12 month high of GBX 2,350.00. The stock’s market cap is GBX 1.31 billion. The company’s 50 day moving average is GBX 1,952.81 and its 200-day moving average is GBX 1,739.67.
AVEVA Group plc Company Profile
AVEVA Group plc is a United Kingdom-based holding company. The Company, along with its subsidiaries, is engaged in the marketing and development of computer software and services for engineering and related solutions. It provides engineering, design and information management solutions to the process plant, power and marine industries.
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