AVEVA Group plc Stock Rating Reaffirmed by Liberum Capital (AVV)
AVEVA Group plc (LON:AVV)‘s stock had its “hold” rating reiterated by research analysts at Liberum Capital in a report released on Friday, American Banking & Market News reports. They currently have a GBX 2,250 ($36.90) price objective on the stock. Liberum Capital’s price objective would indicate a potential downside of 2.64% from the company’s current price.
AVEVA Group plc (LON:AVV) opened at 2311.00 on Friday. AVEVA Group plc has a 52 week low of GBX 2064.00 and a 52 week high of GBX 2753.0669. The stock’s 50-day moving average is GBX 2183. and its 200-day moving average is GBX 2417.58. The company’s market cap is £1.543 billion.
A number of other analysts have also recently weighed in on AVV. Analysts at UBS AG upgraded shares of AVEVA Group plc to a “buy” rating in a research note to investors on Wednesday. They now have a GBX 2,550 ($41.82) price target on the stock, up previously from GBX 2,300 ($37.72). Separately, analysts at Barclays reiterated an “equal weight” rating on shares of AVEVA Group plc in a research note to investors on Tuesday. They now have a GBX 2,100 ($34.44) price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of AVEVA Group plc from GBX 2,200 ($36.08) to GBX 2,410 ($39.53) in a research note to investors on Monday, January 6th. They now have a “neutral” rating on the stock. Ten investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 2,502.78 ($41.05).
AVEVA Group plc is a 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.
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