AVEVA Group plc (LON:AVV) Given “Neutral” Rating at J P Morgan Chase & Co
AVEVA Group plc (LON:AVV)‘s stock had its “neutral” rating reiterated by stock analysts at J P Morgan Chase & Co in a report issued on Monday. They presently have a GBX 1,950 ($25.26) price objective on the stock. J P Morgan Chase & Co’s target price would suggest a potential downside of 3.56% from the stock’s previous close.
AVV has been the subject of several other reports. Numis Securities Ltd restated an “add” rating and set a GBX 2,180 ($28.24) target price on shares of AVEVA Group plc in a report on Tuesday, May 23rd. Barclays PLC reiterated an “equal weight” rating and set a GBX 1,750 ($22.67) price target on shares of AVEVA Group plc in a report on Wednesday, May 24th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a GBX 2,200 ($28.50) price target on shares of AVEVA Group plc in a report on Thursday, June 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 1,972.86 ($25.56).
AVEVA Group plc (LON AVV) traded up 0.20% during trading on Monday, reaching GBX 2022.00. 807,761 shares of the company were exchanged. The firm’s market capitalization is GBX 1.29 billion. The stock has a 50 day moving average price of GBX 1,999.72 and a 200 day moving average price of GBX 1,951.03. AVEVA Group plc has a 12 month low of GBX 1,655.00 and a 12 month high of GBX 2,149.00.
The business also recently announced a dividend, which will be paid on Friday, August 4th. Investors of record on Thursday, July 6th will be given a GBX 27 ($0.35) dividend. The ex-dividend date is Thursday, July 6th. This is a boost from AVEVA Group plc’s previous dividend of $13.00. This represents a dividend yield of 1.39%.
About AVEVA Group plc
AVEVA Group plc is a holding company. The Company provides engineering, design and information management software. It operates in three segments: Asia Pacific, Americas, and Europe, Middle East and Africa (EMEA). Its engineer products include AVEVA Diagrams, AVEVA Electrical, AVEVA Engineering and AVEVA Instrumentation.
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