AVEVA Group (AVV) Reaches New 12-Month High at $3,670.00
AVEVA Group plc (LON:AVV)’s share price reached a new 52-week high on Monday . The company traded as high as GBX 3,670 ($47.96) and last traded at GBX 3,632 ($47.46), with a volume of 16055 shares trading hands. The stock had previously closed at GBX 3,696 ($48.29).
A number of equities analysts recently weighed in on AVV shares. HSBC increased their price target on AVEVA Group from GBX 2,500 ($32.67) to GBX 2,685 ($35.08) and gave the company a “reduce” rating in a research report on Friday, April 26th. UBS Group reiterated a “neutral” rating and issued a GBX 3,365 ($43.97) price target (up previously from GBX 2,550 ($33.32)) on shares of AVEVA Group in a research report on Tuesday, April 23rd. JPMorgan Chase & Co. increased their price target on AVEVA Group from GBX 3,000 ($39.20) to GBX 3,400 ($44.43) and gave the company an “overweight” rating in a research report on Tuesday, April 16th. Goldman Sachs Group increased their price target on AVEVA Group from GBX 2,950 ($38.55) to GBX 3,200 ($41.81) and gave the company a “neutral” rating in a research report on Thursday, March 14th. Finally, Numis Securities reiterated an “add” rating and issued a GBX 3,700 ($48.35) price target on shares of AVEVA Group in a research report on Wednesday, May 29th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. AVEVA Group currently has an average rating of “Hold” and a consensus target price of GBX 3,310 ($43.25).
The company has a quick ratio of 1.16, a current ratio of 1.26 and a debt-to-equity ratio of 0.63. The stock has a market cap of $5.85 billion and a price-to-earnings ratio of 139.16.
About AVEVA Group (LON:AVV)
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.
See Also: Are analyst ratings accurate?
Receive News & Ratings for AVEVA Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AVEVA Group and related companies with MarketBeat.com's FREE daily email newsletter.