AVEVA Group plc Given New GBX 2,195 Price Target at Panmure Gordon (AVV)
Equities research analysts at Panmure Gordon dropped their price objective on shares of AVEVA Group plc (LON:AVV) from GBX 2,286 ($37.67) to GBX 2,195 ($36.17) in a research note issued to investors on Monday, Analyst RN reports. The firm currently has a “hold” rating on the stock. Panmure Gordon’s price target would indicate a potential downside of 0.36% from the company’s current price.
A number of other firms have also recently commented on AVV. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of AVEVA Group plc in a research note to investors on Monday. They now have a GBX 2,900 ($47.78) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of AVEVA Group plc in a research note to investors on Monday. They now have a GBX 2,900 ($47.78) price target on the stock. Finally, analysts at Jefferies Group downgraded shares of AVEVA Group plc to a “hold” rating in a research note to investors on Wednesday, January 22nd. They now have a GBX 2,580 ($42.51) price target on the stock, down previously from GBX 2,740 ($45.15). Ten equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 2,417.17 ($39.83).
Shares of AVEVA Group plc (LON:AVV) traded down 0.27% on Monday, hitting GBX 2203.00. 150,583 shares of the company’s stock traded hands. AVEVA Group plc has a 1-year low of GBX 2064.00 and a 1-year high of GBX 2753.0669. The stock’s 50-day moving average is GBX 2199.63 and its 200-day moving average is GBX 2405.90. The company’s market cap is £1.471 billion.
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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