Shares of AVEVA Group plc (LON:AVV) have been given an average rating of “Buy” by the eight research firms that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 2,748.13 ($37.27).

Several research analysts recently weighed in on AVV shares. Credit Suisse Group upped their price target on AVEVA Group from GBX 2,200 ($29.83) to GBX 3,000 ($40.68) and gave the company an “outperform” rating in a research report on Wednesday, November 15th. Barclays raised AVEVA Group to an “overweight” rating and upped their price target for the company from GBX 2,800 ($37.97) to GBX 3,200 ($43.40) in a research report on Thursday, November 16th. JPMorgan Chase & Co. raised AVEVA Group to an “overweight” rating and upped their price target for the company from GBX 2,800 ($37.97) to GBX 3,200 ($43.40) in a research report on Thursday, November 16th. Goldman Sachs Group boosted their target price on AVEVA Group from GBX 2,400 ($32.55) to GBX 2,500 ($33.90) and gave the company a “neutral” rating in a research note on Wednesday, November 15th. Finally, Citigroup restated a “buy” rating and issued a GBX 2,805 ($38.04) target price on shares of AVEVA Group in a research note on Thursday, October 12th.

AVEVA Group (LON:AVV) opened at GBX 2,840 ($38.51) on Monday. The company has a market cap of $1,820.00 and a P/E ratio of 8,606.06. AVEVA Group has a fifty-two week low of GBX 1,843 ($24.99) and a fifty-two week high of GBX 2,856 ($38.73).

In other news, insider Rohinton (Ron) Mobed bought 3,000 shares of the stock in a transaction on Friday, November 24th. The shares were purchased at an average price of GBX 2,635 ($35.73) per share, for a total transaction of £79,050 ($107,200.98).

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AVEVA Group 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.

Analyst Recommendations for AVEVA Group (LON:AVV)

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