AVEVA Group plc (OTCMKTS:AVEVF) Receives Consensus Recommendation of “Buy” from Analysts

AVEVA Group plc (OTCMKTS:AVEVF) has received an average rating of “Buy” from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company.

AVEVF has been the topic of a number of research reports. Barclays downgraded AVEVA Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, November 4th. Sanford C. Bernstein assumed coverage on AVEVA Group in a research note on Tuesday, December 7th. They issued an “outperform” rating on the stock. Finally, Jefferies Financial Group downgraded AVEVA Group from a “buy” rating to a “hold” rating in a research note on Friday, November 12th.

OTCMKTS:AVEVF opened at $40.95 on Wednesday. The stock’s 50 day moving average price is $44.25 and its 200 day moving average price is $49.72. AVEVA Group has a 52-week low of $40.95 and a 52-week high of $55.89.

AVEVA Group Company Profile

AVEVA Group plc, through its subsidiaries, provides engineering and industrial software solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company offers engineering, procurement, and construction; asset performance management; monitoring and control; planning and scheduling; and operation and optimization industrial software solutions.

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Analyst Recommendations for AVEVA Group (OTCMKTS:AVEVF)

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