UBS Group reissued their neutral rating on shares of AVEVA Group (LON:AVV) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports.
Several other brokerages have also commented on AVV. JPMorgan Chase & Co. raised their price target on AVEVA Group from GBX 4,200 ($54.88) to GBX 4,300 ($56.19) and gave the company an overweight rating in a research note on Wednesday, November 13th. Berenberg Bank upped their price objective on shares of AVEVA Group from GBX 2,800 ($36.59) to GBX 3,800 ($49.65) and gave the stock a hold rating in a research note on Wednesday, November 13th. Finally, Barclays upped their price objective on shares of AVEVA Group from GBX 4,100 ($53.57) to GBX 4,700 ($61.41) and gave the stock an overweight rating in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of GBX 3,860.63 ($50.45).
Shares of AVV stock opened at GBX 4,572 ($59.74) on Thursday. AVEVA Group has a twelve month low of GBX 2,264 ($29.58) and a twelve month high of GBX 4,590 ($59.98). The company has a current ratio of 1.31, a quick ratio of 1.22 and a debt-to-equity ratio of 4.73. The stock has a fifty day simple moving average of GBX 4,292.64 and a two-hundred day simple moving average of GBX 3,913.95. The stock has a market capitalization of $7.38 billion and a price-to-earnings ratio of 128.43.
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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