Is AVEVA Group PLC (LON:AVV) Worth Your Dime After Stock Has Been Placed Under Review by Investec?


AVEVA Group PLC (LON:AVV) Stock Surprise By Investec

AVEVA Group PLC (LON:AVV) stock had its Under Review rating maintained by investment analysts at Investec in recent note sent to investors and clients on 15 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 74.34% above today’s (GBX 1401.78) 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 524,355 shares of stock traded hands or 338.32% 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.

Is AVEVA Group PLC (LON:AVV) Worth Your Dime After Stock Has Been Placed Under Review by Investec?

AVEVA Group plc is a United Kingdom holding company. The company has a market cap of 896.54 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 31.7 P/E ratio. It provides engineering, design and information management solutions to the process plant, power and marine industries.