Analysts at Investec Maintained their Past ‘”Hold”’ rating on Shares AVEVA Group (LON:AVV), Set a GBX 1500 Target

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AVEVA Group (LON:AVV) Rating Reaffirmed

The brokerage firm has just set a target price per share of GBX 1500 on AVEVA Group (LON:AVV) shares. This is -6.72% from the last stock price. In a recent report distributed on Monday morning, Investec has restated their “Hold” rating on shares of AVV.

From a total of 13 analysts covering AVEVA Group PLC (LON:AVV) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 2800 while the lowest target price is GBX 1150. The mean of all analyst targets is GBX 1979.23 with a 32.61% above today’s (GBX 1615) stock price. AVEVA Group PLC was the topic of 34 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 17 with “Hold” rating. Panmure Gordon maintained shares with “Hold” rating and GBX 1910 target share price in a report from a December 15. Goldman Sachs maintained AVV stock in a recent report from December 16 with “Neutral” rating. Barclays Capital maintained the rating on November 11. Barclays Capital has a “Equal Weight” rating and a GBX 2200 price target on shares. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on a December 16.

Approximately 21,923 shares of stock traded hands. AVEVA Group plc (LON:AVV) has declined 18.87% since May 22, 2015 and is downtrending. It has underperformed by 13.06% the S&P500.

Analysts at Investec Maintained their Past ‘

AVEVA Group plc is a United Kingdom holding company. The company has a market cap of 1.03 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 36.52 P/E ratio. It provides engineering, design and information management solutions to the process plant, power and marine industries.

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