AVEVA Group plc (AVV) Given Consensus Recommendation of “Hold” by Analysts
Shares of AVEVA Group plc (LON:AVV) have been assigned an average recommendation of “Hold” from the nine analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 1,948.57 ($25.44).
A number of analysts have issued reports on the stock. Credit Suisse Group reiterated an “outperform” rating on shares of AVEVA Group plc in a research note on Friday. Numis Securities Ltd reiterated an “add” rating and issued a GBX 2,180 ($28.47) target price on shares of AVEVA Group plc in a research note on Tuesday, May 23rd. Barclays PLC reiterated an “equal weight” rating and issued a GBX 1,750 ($22.85) target price on shares of AVEVA Group plc in a research note on Wednesday, May 24th. Finally, J P Morgan Chase & Co lifted their target price 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 research note on Thursday, April 20th.
Shares of AVEVA Group plc (LON AVV) opened at 2107.00 on Monday. AVEVA Group plc has a 12 month low of GBX 1,655.00 and a 12 month high of GBX 2,149.00. The firm’s market capitalization is GBX 1.35 billion. The company has a 50 day moving average of GBX 2,003.78 and a 200-day moving average of GBX 1,970.21.
The company also recently disclosed a dividend, which will be paid on Friday, August 4th. Stockholders of record on Thursday, July 6th will be paid a GBX 27 ($0.35) dividend. This represents a dividend yield of 1.39%. This is a boost from AVEVA Group plc’s previous dividend of $13.00. The ex-dividend date of this dividend is Thursday, July 6th.
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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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