AVEVA Group (LON:AVV) Rating Reiterated by Barclays

AVEVA Group (LON:AVV)‘s stock had its “overweight” rating reaffirmed by analysts at Barclays in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.

Separately, UBS Group reiterated a “neutral” rating and set a GBX 3,775 ($49.33) price target (up from GBX 3,550 ($46.39)) on shares of AVEVA Group in a report on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 3,570.71 ($46.66).

Shares of LON:AVV opened at GBX 3,718 ($48.58) on Thursday. The company has a quick ratio of 1.30, a current ratio of 1.38 and a debt-to-equity ratio of 0.63. The business has a fifty day simple moving average of GBX 3,714.80 and a 200 day simple moving average of GBX 3,640.97. AVEVA Group has a 12-month low of GBX 2,264 ($29.58) and a 12-month high of GBX 4,232 ($55.30). The firm has a market cap of $6.00 billion and a P/E ratio of 177.89.

In other AVEVA Group news, insider James Kidd sold 19,795 shares of the stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of GBX 3,954 ($51.67), for a total transaction of £782,694.30 ($1,022,728.73). Also, insider Jennifer Allerton sold 9,300 shares of the stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of GBX 4,077 ($53.27), for a total value of £379,161 ($495,441.00).

About AVEVA Group

AVEVA Group Plc, through its subsidiaries, provides engineering and industrial software for process and hybrid industries in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. It provides solutions covering various aspects of the asset life cycle, including conceptual modeling and 3D design, process simulation, optimization, and manufacturing operations management.

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Analyst Recommendations for AVEVA Group (LON:AVV)

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