AVEVA Group plc (AVV) Receives Neutral Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. reissued their neutral rating on shares of AVEVA Group plc (LON:AVV) in a research report released on Wednesday. JPMorgan Chase & Co. currently has a GBX 1,750 ($21.86) target price on the stock.
Several other equities research analysts have also issued reports on the company. Citigroup Inc. reissued a buy rating and set a GBX 2,080 ($25.99) price target on shares of AVEVA Group plc in a research report on Monday. Barclays PLC reissued an equal weight rating and set a GBX 1,450 ($18.12) price target on shares of AVEVA Group plc in a research report on Monday, October 17th. Credit Suisse Group AG upped their price target on AVEVA Group plc from GBX 1,800 ($22.49) to GBX 1,900 ($23.74) and gave the company an outperform rating in a research report on Thursday, November 10th. Numis Securities Ltd lowered AVEVA Group plc to an add rating and set a GBX 2,050 ($25.61) price target on the stock. in a research report on Thursday, November 3rd. Finally, Beaufort Securities lowered AVEVA Group plc to a hold rating in a research report on Wednesday, November 9th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 1,661.25 ($20.76).
AVEVA Group plc (LON:AVV) traded up 0.65% during trading on Wednesday, reaching GBX 1711.00. 111,716 shares of the company were exchanged. The firm’s 50 day moving average is GBX 1,898.54 and its 200 day moving average is GBX 1,817.88. AVEVA Group plc has a 52-week low of GBX 1,221.00 and a 52-week high of GBX 2,350.00. The stock’s market capitalization is GBX 1094.63 billion.
The business also recently disclosed a dividend, which will be paid on Friday, February 3rd. Stockholders of record on Thursday, January 5th will be issued a dividend of GBX 13 ($0.16) per share. This represents a dividend yield of 0.73%. The ex-dividend date is Thursday, January 5th.
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.
Receive News & Stock Ratings for AVEVA Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AVEVA Group plc and related stocks with our FREE daily email newsletter.