AVEVA Group plc (AVV) Receives Consensus Recommendation of “Hold” from Analysts
AVEVA Group plc (LON:AVV) has earned a consensus rating of “Hold” from the nine research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 2,084.29 ($26.92).
Several research firms have issued reports on AVV. J P Morgan Chase & Co raised their target price on AVEVA Group plc from GBX 1,950 ($25.18) to GBX 2,800 ($36.16) and gave the stock a “neutral” rating in a research note on Wednesday, September 6th. Berenberg Bank raised their target price on AVEVA Group plc from GBX 1,800 ($23.25) to GBX 1,900 ($24.54) and gave the stock a “hold” rating in a research note on Thursday, August 24th. Credit Suisse Group reissued an “outperform” rating on shares of AVEVA Group plc in a research note on Friday, July 21st. Barclays PLC reissued an “equal weight” rating and set a GBX 1,750 ($22.60) target price on shares of AVEVA Group plc in a research note on Wednesday, May 24th. Finally, Numis Securities Ltd reissued an “add” rating and set a GBX 2,180 ($28.15) target price on shares of AVEVA Group plc in a research note on Tuesday, May 23rd.
AVEVA Group plc (LON:AVV) opened at 2428.00 on Tuesday. The firm has a 50-day moving average price of GBX 2,018.89 and a 200 day moving average price of GBX 1,992.53. The company’s market cap is GBX 1.55 billion. AVEVA Group plc has a 12 month low of GBX 1,655.00 and a 12 month high of GBX 2,493.00.
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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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