AVEVA Group (LON:AVV) was upgraded by investment analysts at Barclays to an “overweight” rating in a note issued to investors on Thursday. The firm presently has a GBX 2,900 ($39.03) price objective on the stock. Barclays’ price objective indicates a potential upside of 7.17% from the company’s current price.

Several other equities analysts have also issued reports on AVV. Berenberg Bank boosted their price target on AVEVA Group from GBX 1,800 ($24.23) to GBX 1,900 ($25.57) and gave the company a “hold” rating in a research note on Thursday, August 24th. J P Morgan Chase & Co boosted their price objective on shares of AVEVA Group from GBX 1,950 ($26.24) to GBX 2,800 ($37.69) and gave the stock a “neutral” rating in a research report on Wednesday, September 6th. Goldman Sachs Group upgraded shares of AVEVA Group to a “neutral” rating and boosted their price objective for the stock from GBX 1,850 ($24.90) to GBX 2,400 ($32.30) in a research report on Wednesday, September 20th. boosted their price objective on shares of AVEVA Group from GBX 1,840 ($24.76) to GBX 2,840 ($38.22) and gave the stock an “add” rating in a research report on Tuesday, November 14th. Finally, Numis Securities upped their target price on shares of AVEVA Group from GBX 1,840 ($24.76) to GBX 2,840 ($38.22) and gave the company an “add” rating in a research report on Tuesday, November 14th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 2,748.13 ($36.99).

AVEVA Group (LON AVV) opened at GBX 2,706 ($36.42) on Thursday. AVEVA Group has a 12 month low of GBX 1,725 ($23.22) and a 12 month high of GBX 2,728 ($36.72).

In other AVEVA Group news, insider Christopher Humphrey acquired 1,000 shares of AVEVA Group stock in a transaction dated Friday, September 29th. The stock was bought at an average cost of GBX 2,446 ($32.92) per share, for a total transaction of £24,460 ($32,920.59). Also, insider Rohinton (Ron) Mobed bought 3,000 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The stock was purchased at an average price of GBX 2,635 ($35.46) per share, with a total value of £79,050 ($106,393.00).

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AVEVA Group Company Profile

AVEVA Group plc is a holding company. The Company provides engineering, design and information management software. It operates in three segments: Asia Pacific, Americas, and Europe, Middle East and Africa (EMEA). Its engineer products include AVEVA Diagrams, AVEVA Electrical, AVEVA Engineering and AVEVA Instrumentation.

Analyst Recommendations for AVEVA Group (LON:AVV)

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