Share on StockTwits
 

AVEVA Group plc (LON:AVV)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Monday, ARN reports. They currently have a GBX 2,900 ($47.78) target price on the stock. Numis Securities Ltd’s price objective would indicate a potential upside of 31.64% from the company’s current price.

Shares of AVEVA Group plc (LON:AVV) traded down 0.27% during mid-day trading on Monday, hitting GBX 2203.00. The stock had a trading volume of 150,583 shares. AVEVA Group plc has a 52-week low of GBX 2064.00 and a 52-week high of GBX 2753.0669. The stock has a 50-day moving average of GBX 2199.63 and a 200-day moving average of GBX 2405.90. The company’s market cap is £1.471 billion.

Other equities research analysts have also recently issued reports about the stock. 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. Separately, 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). Finally, analysts at JPMorgan Chase & Co. upgraded shares of AVEVA Group plc to an “overweight” rating in a research note to investors on Monday, January 20th. They now have a GBX 2,450 ($40.37) price target on the stock. Ten analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 2,417.17 ($39.83).

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.