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%.
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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