AVEVA Group plc (AVV.L) (LON:AVV) Receives GBX 4,256.11 Consensus PT from Brokerages

AVEVA Group plc (AVV.L) (LON:AVV) has been assigned a consensus rating of “Hold” from the ten brokerages that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 4,256.11 ($55.61).

Several equities analysts recently weighed in on AVV shares. Credit Suisse Group reduced their target price on AVEVA Group plc (AVV.L) from GBX 4,700 ($61.41) to GBX 4,500 ($58.79) and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Morgan Stanley upped their price target on AVEVA Group plc (AVV.L) from GBX 3,775 ($49.32) to GBX 4,125 ($53.89) and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. Goldman Sachs Group upped their price target on AVEVA Group plc (AVV.L) from GBX 4,100 ($53.57) to GBX 4,600 ($60.10) and gave the stock a “neutral” rating in a research note on Friday, July 31st. Finally, UBS Group restated a “neutral” rating on shares of AVEVA Group plc (AVV.L) in a research note on Thursday, July 30th.

In other AVEVA Group plc (AVV.L) news, insider Craig Hayman sold 62,168 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of GBX 4,750 ($62.06), for a total transaction of £2,952,980 ($3,858,087.27). Also, insider James Kidd sold 410 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of GBX 5,116 ($66.84), for a total value of £20,975.60 ($27,404.76).

LON AVV traded up GBX 106 ($1.38) during trading hours on Friday, hitting GBX 4,596 ($60.05). 156,449 shares of the company’s stock were exchanged, compared to its average volume of 244,037. The business’s 50 day moving average is GBX 4,834.11 and its 200-day moving average is GBX 4,168.71. AVEVA Group plc has a 12-month low of GBX 2,634 ($34.41) and a 12-month high of GBX 5,364 ($70.08). The firm has a market capitalization of $7.76 billion and a P/E ratio of 106.64. The company has a debt-to-equity ratio of 3.60, a quick ratio of 1.40 and a current ratio of 1.49.

AVEVA Group plc (AVV.L) Company Profile

AVEVA Group plc, through its subsidiaries, provides engineering and industrial software solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company offers engineering, procurement, and construction; asset performance; monitoring and control; planning and scheduling; and operation and optimization industrial software solutions.

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Analyst Recommendations for AVEVA Group plc (AVV.L) (LON:AVV)

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