Breaking: Panmure Gordon Reiterates GBX 1910.00 Price Target On AVEVA Group PLC (LON:AVV) Shares, Reiterates Their Original “Hold” Rating

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AVEVA Group PLC (LON:AVV) Rating Reaffirmed

London: In a very recent research note revealed to investors on Tuesday morning, Panmure Gordon has reaffirmed their “Hold” rating on AVEVA Group PLC (LON:AVV) shares. They now have a GBX 1910.00 PT on the company. Panmure Gordon’s target would indicate a potential upside of 38.21% from the company’s close price.

From a total of 13 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 2408.23 with a 75.13% above today’s (GBX 1395.48) 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 396,583 shares of stock traded hands or 231.51% up from the average. AVEVA Group plc (LON:AVV) has risen 8.30% since May 18, 2015 and is uptrending. It has outperformed by 11.98% the S&P500.

Breaking: Panmure Gordon Reiterates GBX 1910.00 Price Target On AVEVA Group PLC (LON:AVV) Shares, Reiterates Their Original

AVEVA Group plc is a United Kingdom holding company. The company has a market cap of 892.51 million 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 31.56 P/E ratio. It provides engineering, design and information management solutions to the process plant, power and marine industries.

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