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.

In related news, insider Rohinton (Ron) Mobed purchased 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 24th. The stock was acquired at an average price of GBX 2,635 ($36.41) per share, for a total transaction of £79,050 ($109,215.25).

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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.

Analyst Recommendations for AVEVA Group (LON:AVV)

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