Numis Securities upgraded shares of AVEVA Group (LON:AVV) to a buy rating in a report released on Wednesday. The firm currently has GBX 3,400 ($44.29) price objective on the stock, up from their prior price objective of GBX 3,220 ($41.94).

A number of other analysts have also recently commented on the stock. Berenberg Bank reaffirmed a hold rating on shares of AVEVA Group in a research report on Monday, September 17th. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of AVEVA Group in a research report on Wednesday, September 12th. UBS Group reaffirmed a neutral rating and set a GBX 2,850 ($37.12) price target on shares of AVEVA Group in a research report on Tuesday, September 11th. Barclays reaffirmed an equal weight rating on shares of AVEVA Group in a research report on Tuesday, July 10th. Finally, Citigroup reaffirmed a neutral rating and set a GBX 2,800 ($36.47) price target on shares of AVEVA Group in a research report on Tuesday, June 19th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. AVEVA Group has a consensus rating of Hold and an average price target of GBX 2,846.67 ($37.08).

Shares of AVV opened at GBX 2,892 ($37.67) on Wednesday. AVEVA Group has a 12 month low of GBX 1,791 ($23.33) and a 12 month high of GBX 3,080 ($40.12).

In other AVEVA Group news, insider David Ward sold 2,063 shares of the company’s stock in a transaction on Thursday, August 2nd. The shares were sold at an average price of GBX 2,623 ($34.17), for a total transaction of £54,112.49 ($70,486.51).

AVEVA Group Company Profile

AVEVA Group plc operates as an industrial design and management software company in the Asia-Pacific, Europe, the Middle East and Africa, and Americas. The company offers solutions for brownfield modification, contract management, enterprise resource management, information management, integrated engineering and design, integrated shipbuilding, and steel fabrication, as well as laser and cloud solutions.

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Analyst Recommendations for AVEVA Group (LON:AVV)

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