AVEVA Group plc Receives “Overweight” Rating from JPMorgan Chase & Co. (AVV)
AVEVA Group plc (LON:AVV)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Tuesday, StockRatingsNetwork reports.
Shares of AVEVA Group plc (LON:AVV) traded up 0.41% on Tuesday, hitting GBX 2212.00. The stock had a trading volume of 131,664 shares. 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. and its 200-day moving average is GBX 2402.. The company’s market cap is £1.477 billion.
A number of other firms have also recently commented on AVV. Analysts at Credit Suisse reiterated a “neutral” rating on shares of AVEVA Group plc in a research note to investors on Monday. They now have a GBX 2,200 ($36.25) price target on the stock. Separately, analysts at Panmure Gordon cut their price target on shares of AVEVA Group plc from GBX 2,286 ($37.67) to GBX 2,195 ($36.17) in a research note to investors on Monday. They now have a “hold” rating on the stock. Finally, 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. Ten analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 2,415.24 ($39.80).
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.