AVEVA Group plc Receives Buy Rating from Panmure Gordon (AVV)
AVEVA Group plc (LON:AVV)‘s stock had its “buy” rating restated by stock analysts at Panmure Gordon in a report issued on Thursday. They currently have a GBX 2,249 ($37.84) price objective on the stock. Panmure Gordon’s target price would indicate a potential upside of 13.02% from the company’s current price.
A number of other analysts have also recently weighed in on AVV. Analysts at Investec reiterated a “buy” rating on shares of AVEVA Group plc in a research note on Friday, August 1st. They now have a GBX 2,685 ($45.18) 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, August 1st. They now have a GBX 2,685 ($45.18) 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, August 1st. They now have a GBX 2,580 ($43.41) price target on the stock. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 2,296.53 ($38.64).
Shares of AVEVA Group plc (LON:AVV) traded up 0.86% on Thursday, hitting GBX 1990.00. The stock had a trading volume of 53,574 shares. 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 2049. and a 200-day moving average of GBX 2108.. The company’s market cap is £1.270 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.
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