Share on StockTwits

AVEVA Group plc (LON:AVV)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a report issued on Tuesday. They currently have a GBX 2,500 ($42.80) target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 22.85% from the stock’s previous close.

AVEVA Group plc (LON:AVV) traded down 0.34% on Tuesday, hitting GBX 2035.00. 193,903 shares of the company’s stock traded hands. AVEVA Group plc has a one year low of GBX 1893.00 and a one year high of GBX 2668.00. The stock’s 50-day moving average is GBX 2155. and its 200-day moving average is GBX 2133.. The company’s market cap is £1.298 billion.

A number of other analysts have also recently weighed in on AVV. Analysts at Credit Suisse reiterated a “neutral” rating on shares of AVEVA Group plc in a research note on Monday. They now have a GBX 2,450 ($41.94) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of AVEVA Group plc in a research note on Monday. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of AVEVA Group plc in a research note on Monday. They now have a GBX 2,249 ($38.50) price target on the stock. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of GBX 2,327.53 ($39.85).

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.