Barclays upgraded shares of AVEVA Group (LON:AVV) to an overweight rating in a research report report published on Thursday, September 20th. They currently have GBX 3,150 ($41.16) target price on the stock, up from their prior target price of GBX 2,800 ($36.59).
A number of other equities analysts have also recently commented on AVV. Numis Securities reaffirmed an add rating on shares of AVEVA Group in a research note on Thursday, June 14th. JPMorgan Chase & Co. lifted their price target on shares of AVEVA Group from GBX 2,200 ($28.75) to GBX 3,000 ($39.20) and gave the stock an overweight rating in a research note on Friday, June 15th. Citigroup reaffirmed a neutral rating and set a GBX 2,800 ($36.59) price target on shares of AVEVA Group in a research note on Tuesday, June 19th. UBS Group reaffirmed a neutral rating and set a GBX 2,850 ($37.24) price target on shares of AVEVA Group in a research note on Tuesday, September 11th. Finally, Berenberg Bank reaffirmed a hold rating on shares of AVEVA Group in a research note on Monday, September 17th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. AVEVA Group has a consensus rating of Hold and a consensus target price of GBX 2,846.67 ($37.20).
Shares of AVEVA Group stock traded up GBX 42 ($0.55) during trading hours on Thursday, reaching GBX 2,600 ($33.97). The company’s stock had a trading volume of 342,225 shares, compared to its average volume of 221,542. AVEVA Group has a one year low of GBX 1,791 ($23.40) and a one year high of GBX 3,080 ($40.25).
In other AVEVA Group news, insider David Ward sold 2,063 shares of the business’s stock in a transaction dated Thursday, August 2nd. The shares were sold at an average price of GBX 2,623 ($34.27), for a total value of £54,112.49 ($70,707.55).
AVEVA Group Company Profile
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.
Read More: Investing strategies using the yield curve
Receive News & Ratings for AVEVA Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AVEVA Group and related companies with MarketBeat.com's FREE daily email newsletter.