AVEVA Group’s (AVV) Overweight Rating Reiterated at JPMorgan Chase & Co.

AVEVA Group (LON:AVV)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research note issued on Wednesday, September 12th.

Several other research analysts also recently weighed in on the stock. UBS Group reaffirmed a “neutral” rating and issued a GBX 2,850 ($37.12) target price on shares of AVEVA Group in a report on Tuesday, September 11th. Barclays reaffirmed an “equal weight” rating on shares of AVEVA Group in a report on Tuesday, July 10th. Numis Securities reaffirmed an “add” rating on shares of AVEVA Group in a report on Thursday, June 21st. Finally, Citigroup reaffirmed a “neutral” rating and issued a GBX 2,800 ($36.47) target price on shares of AVEVA Group in a report on Tuesday, June 19th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 2,846.67 ($37.08).

Shares of AVV stock traded down GBX 124 ($1.62) during mid-day trading on Wednesday, reaching GBX 2,696 ($35.12). 224,794 shares of the company’s stock traded hands, compared to its average volume of 221,542. AVEVA Group has a 12 month low of GBX 1,791 ($23.33) and a 12 month high of GBX 3,080 ($40.12).

In other AVEVA Group news, insider David Ward sold 2,063 shares of the business’s stock in a transaction on Thursday, August 2nd. The shares were sold at an average price of GBX 2,623 ($34.17), for a total value of £54,112.49 ($70,486.51).

About AVEVA Group

AVEVA Group plc operates as an industrial design and management software company in the Asia-Pacific, Europe, the Middle East and Africa, and Americas. The company offers solutions for brownfield modification, contract management, enterprise resource management, information management, integrated engineering and design, integrated shipbuilding, and steel fabrication, as well as laser and cloud solutions.

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Analyst Recommendations for AVEVA Group (LON:AVV)

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