AVEVA Group plc (AVV) Rating Reiterated by Barclays PLC
AVEVA Group plc (LON:AVV)‘s stock had its “equal weight” rating reiterated by equities research analysts at Barclays PLC in a research note issued to investors on Monday. They presently have a GBX 1,450 ($17.95) price objective on the stock. Barclays PLC’s target price would suggest a potential downside of 27.50% from the company’s current price.
Several other brokerages have also issued reports on AVV. JPMorgan Chase & Co. lifted their price target on AVEVA Group plc from GBX 1,550 ($19.18) to GBX 1,750 ($21.66) and gave the stock a “neutral” rating in a research note on Tuesday, July 12th. Beaufort Securities reaffirmed a “buy” rating on shares of AVEVA Group plc in a research note on Monday, July 11th. Finally, Numis Securities Ltd reissued a “buy” rating and issued a GBX 1,910 ($23.64) target price on shares of AVEVA Group plc in a research note on Friday, July 8th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 1,625 ($20.11).
Shares of AVEVA Group plc (LON:AVV) opened at 1988.00 on Monday. The firm’s market cap is GBX 1.27 billion. The stock has a 50 day moving average price of GBX 1,977.70 and a 200 day moving average price of GBX 1,773.11. AVEVA Group plc has a 52 week low of GBX 1,221.00 and a 52 week high of GBX 2,350.00.
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AVEVA Group plc Company Profile
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. It provides engineering, design and information management solutions to the process plant, power and marine industries.
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