AVEVA Group plc Stock Rating Upgraded by Liberum Capital (AVV)
AVEVA Group plc (LON:AVV) was upgraded by equities research analysts at Liberum Capital to a “hold” rating in a research note issued to investors on Monday. The firm currently has a GBX 2,000 ($34.07) price objective on the stock. Liberum Capital’s price objective would suggest a potential downside of 2.53% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of AVEVA Group plc in a research note on Wednesday, June 18th. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of AVEVA Group plc in a research note on Thursday, June 5th. They now have a GBX 2,500 ($42.58) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of AVEVA Group plc in a research note on Wednesday, June 4th. They now have a GBX 450 ($7.66) price target on the stock. Eight equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 2,285.21 ($38.92).
AVEVA Group plc (LON:AVV) opened at 2053.00 on Monday. AVEVA Group plc has a one year low of GBX 1893.00 and a one year high of GBX 2753.0669. The stock has a 50-day moving average of GBX 2181.32 and a 200-day moving average of GBX 2137.93. The company’s market cap is £1.310 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 25th. Shareholders of record on Wednesday, June 25th will be given a dividend of GBX 22 ($0.37) per share. This represents a yield of 0.93%. The ex-dividend date of this dividend is Wednesday, June 25th.
AVEVA Group plc is a United Kingdom-based 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.