AVEVA Group (AVV) Stock Rating Reaffirmed by JPMorgan Chase & Co.
AVEVA Group (LON:AVV)‘s stock had its “overweight” rating reiterated by research analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday. They presently have a GBX 3,200 ($44.21) price target on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 11.50% from the company’s previous close.
Other equities research analysts also recently issued reports about the company. increased their price objective on AVEVA Group from GBX 1,840 ($25.42) to GBX 2,840 ($39.24) and gave the company an “add” rating in a report on Tuesday, November 14th. Numis Securities increased their price target on AVEVA Group from GBX 1,840 ($25.42) to GBX 2,840 ($39.24) and gave the stock an “add” rating in a report on Tuesday, November 14th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 1,900 ($26.25) price target on shares of AVEVA Group in a report on Wednesday, January 31st. Goldman Sachs Group increased their price target on AVEVA Group from GBX 2,400 ($33.16) to GBX 2,500 ($34.54) and gave the stock a “neutral” rating in a report on Wednesday, November 15th. Finally, 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 stock an “outperform” rating in a report on Wednesday, November 15th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. AVEVA Group currently has a consensus rating of “Buy” and an average price target of GBX 2,796.88 ($38.64).
Shares of AVEVA Group (LON AVV) opened at GBX 2,870 ($39.65) on Tuesday. The firm has a market capitalization of $1,810.00 and a P/E ratio of 8,696.97. AVEVA Group has a fifty-two week low of GBX 1,843 ($25.46) and a fifty-two week high of GBX 3,080 ($42.55).
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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.
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