Breaking: JP Morgan Cazenove Keeps GBX 1500.00 Price Target On AVEVA Group PLC (LON:AVV) Shares, Keeps Their Original “Neutral” Rating

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AVEVA Group PLC (LON:AVV) Rating Reaffirmed

AVEVA Group PLC (LON:AVV) just had their share rating of a ‘”Neutral”‘ issued by research analysts at JP Morgan Cazenove, who now has a GBX 1500.00 target on the 1.39 billion GBP market cap company or a -3.23% downside potential. This key information was announced in analysts note on Wednesday, 16 December.

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 57.67% above today’s (GBX 1550) 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.

The stock closed the day at GBX 1550 during the previous session. It is down 19.48% since May 19, 2015 and is downtrending. It has underperformed by 15.80% the S&P500.

Breaking: JP Morgan Cazenove Keeps GBX 1500.00 Price Target On AVEVA Group PLC (LON:AVV) Shares, Keeps Their Original

AVEVA Group plc is a United Kingdom holding company. The company has a market cap of 1.39 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 35.05 P/E ratio. It provides engineering, design and information management solutions to the process plant, power and marine industries.

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