AVEVA Group (AVV) Price Target Raised to GBX 3,200
AVEVA Group (LON:AVV) had its price target raised by Goldman Sachs Group from GBX 2,950 ($38.55) to GBX 3,200 ($41.81) in a research note published on Thursday. Goldman Sachs Group currently has a neutral rating on the stock.
Several other equities analysts have also recently weighed in on AVV. Barclays restated an overweight rating on shares of AVEVA Group in a report on Wednesday, November 21st. UBS Group restated a neutral rating on shares of AVEVA Group in a report on Wednesday, November 21st. JPMorgan Chase & Co. decreased their price objective on AVEVA Group from GBX 3,150 ($41.16) to GBX 3,000 ($39.20) and set an overweight rating for the company in a report on Thursday, January 10th. Finally, HSBC started coverage on AVEVA Group in a report on Tuesday, February 12th. They issued a reduce rating and a GBX 2,500 ($32.67) price objective for the company. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. AVEVA Group has a consensus rating of Hold and a consensus price target of GBX 2,892.86 ($37.80).
Shares of LON AVV opened at GBX 3,128 ($40.87) on Thursday. The stock has a market capitalization of $5.04 billion and a PE ratio of 119.85. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.26 and a quick ratio of 1.16. AVEVA Group has a fifty-two week low of GBX 1,837 ($24.00) and a fifty-two week high of GBX 3,084 ($40.30).
AVEVA Group Plc, through its subsidiaries, provides engineering and industrial software for process and hybrid industries in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. It provides solutions covering various aspects of the asset life cycle, including conceptual modeling and 3D design, process simulation, optimization, and manufacturing operations management.
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