AVEVA Group plc (AVV) Receives Consensus Rating of “Hold” from Brokerages
AVEVA Group plc (LON:AVV) has been assigned a consensus recommendation of “Hold” from the nine brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 1,948.57 ($25.30).
A number of brokerages have recently issued reports on AVV. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 1,950 ($25.31) price objective on shares of AVEVA Group plc in a report on Monday, July 10th. Credit Suisse Group reiterated an “outperform” rating on shares of AVEVA Group plc in a report on Friday, July 21st. Numis Securities Ltd reiterated an “add” rating and set a GBX 2,180 ($28.30) price objective on shares of AVEVA Group plc in a report on Tuesday, May 23rd. Finally, Barclays PLC reiterated an “equal weight” rating and set a GBX 1,750 ($22.72) price objective on shares of AVEVA Group plc in a report on Wednesday, May 24th.
Shares of AVEVA Group plc (LON:AVV) opened at 1908.00 on Friday. The company’s market capitalization is GBX 1.22 billion. The firm’s 50-day moving average is GBX 1,989.78 and its 200 day moving average is GBX 1,980.00. AVEVA Group plc has a 12 month low of GBX 1,655.00 and a 12 month high of GBX 2,168.00.
The company also recently declared a dividend, which was paid on Friday, August 4th. Investors of record on Thursday, July 6th were issued a dividend of GBX 27 ($0.35) per share. The ex-dividend date was Thursday, July 6th. This is a boost from AVEVA Group plc’s previous dividend of $13.00. This represents a yield of 1.39%.
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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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