Berenberg Bank Increases AVEVA Group plc (AVV) Price Target to GBX 1,900
AVEVA Group plc (LON:AVV) had its target price lifted by Berenberg Bank from GBX 1,800 ($23.37) to GBX 1,900 ($24.67) in a research report released on Thursday morning. They currently have a hold rating on the stock.
A number of other research analysts have also recently commented on AVV. Numis Securities Ltd reiterated an add rating and issued a GBX 2,180 ($28.30) price objective on shares of AVEVA Group plc in a report on Tuesday, May 23rd. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 1,950 ($25.31) price objective on shares of AVEVA Group plc in a report on Wednesday, May 24th. Barclays PLC reiterated an equal weight rating and issued a GBX 1,750 ($22.72) price objective on shares of AVEVA Group plc in a report on Wednesday, May 24th. Finally, Credit Suisse Group reiterated an outperform rating and issued a GBX 2,200 ($28.56) price objective on shares of AVEVA Group plc in a report on Thursday, June 15th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 1,992.50 ($25.87).
Shares of AVEVA Group plc (LON AVV) opened at 1892.00 on Thursday. The firm has a 50-day moving average price of GBX 1,982.72 and a 200 day moving average price of GBX 1,978.93. 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’s market cap is GBX 1.21 billion.
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AVEVA Group plc 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.
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