AVEVA Group’s (AVV) Neutral Rating Reiterated at UBS Group

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.

The firm also recently disclosed a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 9th will be paid a GBX 15.50 ($0.20) dividend. This represents a yield of 0.35%. The ex-dividend date of this dividend is Thursday, January 9th. AVEVA Group’s dividend payout ratio (DPR) is 1.26%.

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.

Read More: Depreciation

Analyst Recommendations for AVEVA Group (LON:AVV)

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.