AVEVA Group plc (AVV) Given Equal Weight Rating at Barclays PLC

Barclays PLC reiterated their equal weight rating on shares of AVEVA Group plc (LON:AVV) in a research report report published on Monday. The brokerage currently has a GBX 1,450 ($17.67) price target on the stock.

Several other equities research analysts have also recently issued reports on AVV. Numis Securities Ltd reissued a buy rating and set a GBX 1,910 ($23.28) target price on shares of AVEVA Group plc in a research note on Friday, July 8th. Beaufort Securities reissued a buy rating on shares of AVEVA Group plc in a research note on Monday, July 11th. Finally, JPMorgan Chase & Co. raised their target price on AVEVA Group plc from GBX 1,550 ($18.89) to GBX 1,750 ($21.33) and gave the stock a neutral rating in a research note on Tuesday, July 12th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. AVEVA Group plc currently has a consensus rating of Hold and a consensus price target of GBX 1,625 ($19.80).

AVEVA Group plc (LON:AVV) opened at 2006.00 on Monday. The company’s 50-day moving average price is GBX 1,981.56 and its 200 day moving average price is GBX 1,779.41. AVEVA Group plc has a 12 month low of GBX 1,221.00 and a 12 month high of GBX 2,350.00. The firm’s market capitalization is GBX 1.28 billion.

AVEVA Group plc Company Profile

AVEVA Group plc is a United Kingdom-based holding company. The Company, along with its subsidiaries, is engaged in the marketing and development of computer software and services for engineering and related solutions. It provides engineering, design and information management solutions to the process plant, power and marine industries.

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