Analysts Set AVEVA Group plc (AVV) Target Price at $2,796.88
AVEVA Group plc (LON:AVV) has received an average recommendation of “Buy” from the eight ratings firms that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 2,796.88 ($38.64).
A number of research firms recently weighed in on AVV. Numis Securities increased their price target on AVEVA Group from GBX 2,840 ($39.24) to GBX 3,230 ($44.63) and gave the company an “add” rating in a research report on Monday, January 22nd. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 3,200 ($44.21) price target on shares of AVEVA Group in a research report on Tuesday. Berenberg Bank reiterated a “hold” rating and issued a GBX 1,900 ($26.25) price target on shares of AVEVA Group in a research report on Wednesday, January 31st. Credit Suisse Group increased their price target on AVEVA Group from GBX 2,200 ($30.40) to GBX 3,000 ($41.45) and gave the company an “outperform” rating in a research report on Wednesday, November 15th. Finally, Barclays upgraded AVEVA Group to an “overweight” rating and set a GBX 2,900 ($40.07) price target for the company in a research report on Thursday, December 7th.
AVEVA Group (LON:AVV) traded up GBX 12 ($0.17) during trading hours on Friday, reaching GBX 2,830 ($39.10). The company had a trading volume of 161,533 shares, compared to its average volume of 142,025. AVEVA Group has a 1 year low of GBX 1,843 ($25.46) and a 1 year high of GBX 3,080 ($42.55). The firm has a market capitalization of $1,810.00 and a price-to-earnings ratio of 8,575.76.
ILLEGAL ACTIVITY NOTICE: This report was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another website, it was illegally copied and reposted in violation of United States & international copyright and trademark law. The legal version of this report can be read at https://www.thecerbatgem.com/2018/02/14/analysts-set-aveva-group-plc-avv-target-price-at-2796-88.html.
About AVEVA Group
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 & Ratings for AVEVA Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AVEVA Group and related companies with MarketBeat.com's FREE daily email newsletter.