AVEVA Group plc (AVV) Receives Average Recommendation of “Hold” from Analysts

Shares of AVEVA Group plc (LON:AVV) have been assigned a consensus recommendation of “Hold” from the nine ratings firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 1,980 ($25.86).

A number of research firms recently issued reports on AVV. Numis Securities Ltd reiterated an “add” rating and set a GBX 2,180 ($28.47) price objective on shares of AVEVA Group plc in a research report on Tuesday, May 23rd. Barclays PLC reiterated an “equal weight” rating and set a GBX 1,750 ($22.85) price objective on shares of AVEVA Group plc in a research report on Wednesday, May 24th. J P Morgan Chase & Co upped their price objective on shares of AVEVA Group plc from GBX 1,750 ($22.85) to GBX 1,950 ($25.46) and gave the stock a “neutral” rating in a research report on Thursday, April 20th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a GBX 2,200 ($28.73) price objective on shares of AVEVA Group plc in a research report on Thursday, June 15th.

AVEVA Group plc (LON AVV) traded up 0.29% during trading on Tuesday, hitting GBX 2050.00. The stock had a trading volume of 117,211 shares. AVEVA Group plc has a 52 week low of GBX 1,655.00 and a 52 week high of GBX 2,149.00. The stock has a 50-day moving average price of GBX 1,998.80 and a 200-day moving average price of GBX 1,969.16. The company’s market cap is GBX 1.31 billion.

The company also recently disclosed a dividend, which will be paid on Friday, August 4th. Stockholders of record on Thursday, July 6th will be given a dividend of GBX 27 ($0.35) per share. The ex-dividend date of this dividend is Thursday, July 6th. This is a boost from AVEVA Group plc’s previous dividend of $13.00. This represents a dividend yield of 1.39%.

ILLEGAL ACTIVITY NOTICE: “AVEVA Group plc (AVV) Receives Average Recommendation of “Hold” from Analysts” was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this story on another website, it was stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this story can be read at https://sportsperspectives.com/2017/07/20/aveva-group-plc-avv-receives-gbx-1972-86-average-price-target-from-brokerages-updated-updated.html.

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.

Analyst Recommendations for AVEVA Group plc (LON:AVV)

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply