AVEVA Group (LON:AVV) had its price objective boosted by JPMorgan Chase & Co. from GBX 4,200 ($54.88) to GBX 4,300 ($56.19) in a report released on Wednesday morning, ThisIsMoney.Co.Uk reports. The firm currently has an overweight rating on the stock.
A number of other research analysts have also issued reports on the company. Berenberg Bank increased their target price on AVEVA Group from GBX 2,800 ($36.59) to GBX 3,800 ($49.65) and gave the company a hold rating in a research report on Wednesday. UBS Group reiterated a neutral rating on shares of AVEVA Group in a research report on Tuesday. Finally, Barclays reiterated an overweight rating on shares of AVEVA Group in a research report on Thursday, October 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. AVEVA Group has a consensus rating of Hold and a consensus target price of GBX 3,786.88 ($49.48).
AVEVA Group stock traded down GBX 32 ($0.42) during mid-day trading on Wednesday, hitting GBX 4,374 ($57.15). The company had a trading volume of 274,721 shares, compared to its average volume of 221,542. AVEVA Group has a 12-month low of GBX 2,264 ($29.58) and a 12-month high of GBX 4,444 ($58.07). The company has a market capitalization of $7.06 billion and a price-to-earnings ratio of 209.28. The company has a current ratio of 1.38, a quick ratio of 1.30 and a debt-to-equity ratio of 0.63. The company’s fifty day moving average is GBX 3,971.08 and its 200-day moving average is GBX 3,791.
AVEVA Group Company Profile
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.
Recommended Story: Stock Symbols, CUSIP and Other Stock Identifiers
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.