AVEVA Group plc’s “Buy” Rating Reaffirmed at Societe Generale (AVV)
AVEVA Group plc (LON:AVV)‘s stock had its “buy” rating reaffirmed by investment analysts at Societe Generale in a note issued to investors on Tuesday. They currently have a GBX 2,650 ($45.37) price target on the stock. Societe Generale’s price target points to a potential upside of 30.22% from the company’s current price.
AVV has been the subject of a number of other recent research reports. Analysts at Berenberg Bank reiterated a “buy” rating on shares of AVEVA Group plc in a research note on Tuesday. They now have a GBX 2,500 ($42.80) price target on the stock. Separately, 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. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of AVEVA Group plc in a research note on Monday. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 2,327.53 ($39.85).
AVEVA Group plc (LON:AVV) traded down 0.34% during mid-day trading on Tuesday, hitting GBX 2035.00. The stock had a trading volume of 193,903 shares. AVEVA Group plc has a one year low of GBX 1893.00 and a one year high of GBX 2668.00. The stock has a 50-day moving average of GBX 2155. and a 200-day moving average of GBX 2133.. The company’s market cap is £1.298 billion.
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.