AVEVA Group plc Receives Consensus Recommendation of “Buy” from Brokerages (LON:AVV)
AVEVA Group plc (LON:AVV) has earned a consensus rating of “Buy” from the seventeen ratings firms that are covering the company, Stock Ratings Network reports. Seven research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 2,296.53 ($39.00).
A number of analysts have recently weighed in on AVV shares. Analysts at Investec reiterated a “buy” rating on shares of AVEVA Group plc in a research note on Friday. They now have a GBX 2,685 ($45.59) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of AVEVA Group plc in a research note on Friday. They now have a GBX 2,685 ($45.59) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of AVEVA Group plc in a research note on Friday. They now have a GBX 2,580 ($43.81) price target on the stock.
AVEVA Group plc (LON:AVV) opened at 1960.00 on Wednesday. AVEVA Group plc has a 1-year low of GBX 1893.00 and a 1-year high of GBX 2668.00. The stock has a 50-day moving average of GBX 2071. and a 200-day moving average of GBX 2119.59. The company’s market cap is £1.250 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.
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.