AVEVA Group PLC (LON:AVV) Rating Reaffirmed
In a very recent research note revealed to clients and investors this morning, Liberum Capital has reaffirmed their Hold rating on AVEVA Group PLC (LON:AVV) shares. The target price per share would indicate a possible downside of -4.85% from firm’s last price.
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 1150. The mean of all analyst targets is GBX 2118.57 with a 40.77% above today’s (GBX 1570.52) stock price. AVEVA Group PLC was the topic of 33 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Berenberg maintained shares on December 16 with “Buy” rating. Panmure Gordon maintained shares with “Hold” rating and GBX 1910 target share price in a report from a December 15. Citigroup maintained AVV stock in a recent report from December 16 with “Buy” rating. Liberum Capital maintained the rating on December 10. Liberum Capital has a “Hold” rating and a GBX 2360 price target on shares. Finally, Liberum Capital maintained the stock with “Hold” rating in a report issued on a December 15.
Approximately 16,612 shares of stock traded hands. AVEVA Group plc (LON:AVV) has declined 21.36% since May 20, 2015 and is downtrending. It has underperformed by 19.10% the S&P500.
AVEVA Group plc is a United Kingdom holding company. The company has a market cap of 1000.00 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 35.52 P/E ratio. It provides engineering, design and information management solutions to the process plant, power and marine industries.