Panmure Gordon Reiterates AVEVA Group PLC (LON:AVV) As a “Hold”; They Now Have a Target Of GBX 1857.00

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AVEVA Group PLC (LON:AVV) Rating Reaffirmed

Panmure Gordon now has a GBX 1857.00 target price on the 1.45B GBP market cap company or -17.26% downside potential. In an analyst research report disseminated on Tuesday, 8 December, AVEVA Group PLC (LON:AVV) shares have had their “Hold” Rating kept steady by stock analysts at Panmure Gordon.

From a total of 14 analysts covering AVEVA Group PLC (LON:AVV) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 54% of the ratings are positive. The highest target price is GBX 2800 while the lowest target price is GBX 1857. The mean of all analyst targets is GBX 2377.64 with a 9.04% above today’s (GBX 2252) stock price. AVEVA Group PLC was the topic of 24 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Panmure Gordon maintained shares on November 24 with “Hold” rating. JP Morgan maintained shares with “Neutral” rating and GBX 2450 target share price in a report from a November 11. Berenberg maintained AVV stock in a recent report from November 17 with “Buy” rating. Liberum Capital maintained the rating on November 10. Liberum Capital has a “Hold” rating and a GBX 2500 price target on shares. Finally, Barclays Capital maintained the stock with “Equal Weight” rating in a report issued on a November 11.

Approximately 7,297 shares of stock traded hands. AVEVA Group plc (LON:AVV) has risen 19.69% since May 11, 2015 and is uptrending. It has outperformed by 20.29% the S&P500.

Panmure Gordon Reiterates AVEVA Group PLC (LON:AVV) As a

AVEVA Group plc is a United Kingdom holding company. The company has a market cap of 1.45 billion GBP. The Company, along with its subsidiaries, is engaged in the marketing and development of computer software and services for engineering and related solutions. It has 50.93 P/E ratio. It provides engineering, design and information management solutions to the process plant, power and marine industries.

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