Breaking: Liberum Capital Reaffirms GBX 2360.00 Target On AVEVA Group PLC (LON:AVV) Shares, Reaffirms Their Original Hold Rating

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AVEVA Group PLC (LON:AVV) Rating Reaffirmed

Liberum Capital now has a GBX 2360.00 price target on shares of AVEVA Group PLC (LON:AVV). The price target gives a potential upside of 6.31% from the stock price of AVEVA Group PLC (LON:AVV). This rating was shown in an interesting research report on Thursday morning.

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 10.53% above today’s (GBX 2211) stock price. AVEVA Group PLC was the topic of 26 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 10 with “Hold” rating. Barclays Capital maintained shares with “Equal Weight” rating and GBX 2200 target share price in a report from a November 11. Goldman Sachs maintained AVV stock in a recent report from November 18 with “Neutral” rating. JP Morgan maintained the rating on November 11. JP Morgan has a “Neutral” rating and a GBX 2450 price target on shares. Finally, J.P. Morgan maintained the stock with “Neutral” rating in a report issued on a November 11.

Approximately 1,762 shares of stock traded hands. AVEVA Group plc (LON:AVV) has risen 19.28% since May 13, 2015 and is uptrending. It has outperformed by 21.21% the S&P500.

Breaking: Liberum Capital Reaffirms GBX 2360.00 Target On AVEVA Group PLC (LON:AVV) Shares, Reaffirms Their Original Hold Rating

AVEVA Group plc is a United Kingdom holding company. The company has a market cap of 1.42 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 P/E ratio. It provides engineering, design and information management solutions to the process plant, power and marine industries.

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