AVEVA Group PLC (LON:AVV) Add Rating Has Just Been Reiterated by Numis

June 14, 2018 - By Calvin Voll

AVEVA Group plc (LON:AVV) Logo

AVEVA Group PLC (LON:AVV) Rating Reaffirmed

In a research report sent to clients and investors on 14 June, AVEVA Group PLC (LON:AVV) shares had their Add Rating kept by stock analysts at Numis.

AVEVA Group plc (LON:AVV) Ratings Coverage

Among 4 analysts covering AVEVA Group PLC (LON:AVV), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. AVEVA Group PLC has GBX 3230 highest and GBX 1900 lowest target. GBX 2545’s average target is -9.88% below currents GBX 2824 stock price. AVEVA Group PLC had 7 analyst reports since January 22, 2018 according to SRatingsIntel. The firm has “Add” rating by Numis Securities given on Thursday, April 19. Numis Securities maintained the stock with “Add” rating in Thursday, June 14 report. Numis Securities maintained AVEVA Group plc (LON:AVV) on Thursday, February 1 with “Add” rating. The rating was maintained by Berenberg with “Hold” on Wednesday, January 31. JP Morgan maintained AVEVA Group plc (LON:AVV) on Tuesday, February 13 with “Overweight” rating. The rating was downgraded by Citigroup to “Neutral” on Monday, March 12. The rating was maintained by Numis Securities on Monday, January 22 with “Add”.

The stock increased 11.53% or GBX 292 during the last trading session, reaching GBX 2824. About 502,621 shares traded or 54.35% up from the average. AVEVA Group plc (LON:AVV) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

AVEVA Group plc develops and markets engineering, design, and information management software in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company has market cap of 4.55 billion GBP. It also provides product support and training services. It has a 36.02 P/E ratio. The firm sells software products directly to end users, as well as indirectly through resellers.

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