AVEVA Group plc’s (AVV) Equal Weight Rating Reaffirmed at Barclays PLC
AVEVA Group plc (LON:AVV)‘s stock had its “equal weight” rating restated by investment analysts at Barclays PLC in a research note issued on Monday. They presently have a GBX 1,450 ($17.95) target price on the stock. Barclays PLC’s price objective indicates a potential downside of 27.50% from the stock’s current price.
Other equities research analysts also recently issued reports about the stock. Numis Securities Ltd reiterated a “buy” rating and set a GBX 1,910 ($23.64) price objective on shares of AVEVA Group plc in a research note on Friday, July 8th. Beaufort Securities reiterated a “buy” rating on shares of AVEVA Group plc in a research note on Monday, July 11th. Finally, JPMorgan Chase & Co. increased their price objective on shares of AVEVA Group plc from GBX 1,550 ($19.18) to GBX 1,750 ($21.66) and gave the stock a “neutral” rating in a research note on Tuesday, July 12th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. AVEVA Group plc has an average rating of “Hold” and an average price target of GBX 1,625 ($20.11).
AVEVA Group plc (LON:AVV) opened at 1994.00 on Monday. The firm has a 50 day moving average of GBX 1,977.70 and a 200-day moving average of GBX 1,773.11. AVEVA Group plc has a 52 week low of GBX 1,221.00 and a 52 week high of GBX 2,350.00. The company’s market capitalization is GBX 1.27 billion.
AVEVA Group plc Company Profile
AVEVA Group plc is a United Kingdom-based holding company. The Company, along with its subsidiaries, is engaged in the marketing and development of computer software and services for engineering and related solutions. It provides engineering, design and information management solutions to the process plant, power and marine industries.
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