AVEVA Group plc Coverage Initiated by Analysts at Societe Generale (AVV)
Stock analysts at Societe Generale began coverage on shares of AVEVA Group plc (LON:AVV) in a report issued on Friday. The firm set a “buy” rating and a GBX 2,650 ($45.14) price target on the stock. Societe Generale’s price target would suggest a potential upside of 25.53% from the stock’s previous close.
Shares of AVEVA Group plc (LON:AVV) opened at 2159.00 on Friday. AVEVA Group plc has a 1-year low of GBX 1893.00 and a 1-year high of GBX 2753.0669. The stock’s 50-day moving average is GBX 2166. and its 200-day moving average is GBX 2135.90. The company’s market cap is £1.377 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 25th. Investors 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.
AVV has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of AVEVA Group plc in a research note on Tuesday. They now have a GBX 2,840 ($48.37) price target on the stock. Separately, analysts at Liberum Capital upgraded shares of AVEVA Group plc to a “hold” rating in a research note on Monday. They now have a GBX 2,000 ($34.07) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of AVEVA Group plc in a research note on Wednesday, June 18th. Eight analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 2,299.50 ($39.17).
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.
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