AVEVA Group plc Given “Buy” Rating at Numis Securities Ltd (AVV)
AVEVA Group plc (LON:AVV)‘s stock had its “buy” rating restated by research analysts at Numis Securities Ltd in a report released on Monday. They currently have a GBX 2,685 ($44.56) target price on the stock. Numis Securities Ltd’s target price suggests a potential upside of 27.49% from the stock’s previous close.
Shares of AVEVA Group plc (LON:AVV) opened at 2100.00 on Monday. AVEVA Group plc has a 52 week low of GBX 1893.00 and a 52 week high of GBX 2668.00. The stock has a 50-day moving average of GBX 2047. and a 200-day moving average of GBX 2098.42. The company’s market cap is £1.340 billion.
A number of other analysts have also recently weighed in on AVV. Analysts at Panmure Gordon reiterated a “buy” rating on shares of AVEVA Group plc in a research note on Thursday, August 7th. They now have a GBX 2,249 ($37.32) price target on the stock. Separately, 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 ($44.56) 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 ($42.81) price target on the stock. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. AVEVA Group plc presently has an average rating of “Buy” and an average target price of GBX 2,296.53 ($38.11).
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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