AVEVA Group plc (LON:AVV) Stock Rating Reaffirmed by Credit Suisse Group
AVEVA Group plc (LON:AVV)‘s stock had its “outperform” rating restated by equities researchers at Credit Suisse Group in a research note issued to investors on Friday.
A number of other analysts also recently weighed in on the stock. J P Morgan Chase & Co increased their price target on shares of AVEVA Group plc from GBX 1,750 ($22.85) to GBX 1,950 ($25.46) and gave the company a “neutral” rating in a report on Thursday, April 20th. Numis Securities Ltd reissued an “add” rating and issued a GBX 2,180 ($28.47) price target on shares of AVEVA Group plc in a report on Wednesday, April 19th. Finally, Barclays PLC reissued an “equal weight” rating and issued a GBX 1,450 ($18.93) price target on shares of AVEVA Group plc in a report on Tuesday, April 11th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. AVEVA Group plc presently has a consensus rating of “Hold” and a consensus target price of GBX 1,980 ($25.86).
Shares of AVEVA Group plc (AVV) opened at 2120.00 on Friday. AVEVA Group plc has a 52-week low of GBX 1,655.00 and a 52-week high of GBX 2,168.00. The stock has a 50 day moving average of GBX 2,003.78 and a 200 day moving average of GBX 1,970.21. The company’s market cap is GBX 1.36 billion.
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AVEVA Group plc Company Profile
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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