AVEVA Group plc (AVV) PT Raised to GBX 2,840

AVEVA Group plc (LON:AVV) had its price target boosted by investment analysts at from GBX 1,840 ($24.20) to GBX 2,840 ($37.35) in a report released on Tuesday. The firm presently has an “add” rating on the stock. ‘s price objective suggests a potential upside of 12.30% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Numis Securities Ltd lifted their price objective on shares of AVEVA Group plc from GBX 1,840 ($24.20) to GBX 2,840 ($37.35) and gave the company an “add” rating in a research note on Tuesday. Citigroup Inc. restated a “buy” rating and set a GBX 2,805 ($36.89) price objective on shares of AVEVA Group plc in a research note on Thursday, October 12th. Barclays PLC restated an “equal weight” rating on shares of AVEVA Group plc in a research note on Thursday, October 12th. Berenberg Bank lifted their price objective on shares of AVEVA Group plc from GBX 1,800 ($23.67) to GBX 1,900 ($24.99) and gave the company a “hold” rating in a research note on Thursday, August 24th. Finally, J P Morgan Chase & Co restated a “neutral” rating and set a GBX 2,800 ($36.83) price objective on shares of AVEVA Group plc in a research note on Wednesday. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 2,554.38 ($33.60).

Shares of AVEVA Group plc (AVV) opened at GBX 2,529 ($33.26) on Tuesday. AVEVA Group plc has a one year low of GBX 1,661 ($21.85) and a one year high of GBX 2,632 ($34.62).

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In other AVEVA Group plc news, insider Christopher Humphrey purchased 1,000 shares of the company’s stock in a transaction on Friday, September 29th. The shares were purchased at an average cost of GBX 2,446 ($32.17) per share, for a total transaction of £24,460 ($32,171.51).

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.

Analyst Recommendations for AVEVA Group plc (LON:AVV)

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