AVEVA Group plc (LON:AVV) Receives Average Recommendation of “Hold” from Analysts

AVEVA Group plc (LON:AVV) has been assigned an average rating of “Hold” from the ten ratings firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 4,256.11 ($52.38).

Several brokerages have issued reports on AVV. UBS Group reissued a “neutral” rating on shares of AVEVA Group in a research note on Thursday. Goldman Sachs Group boosted their price target on AVEVA Group from GBX 4,100 ($50.46) to GBX 4,600 ($56.61) and gave the company a “neutral” rating in a research note on Friday. Jefferies Financial Group upped their target price on AVEVA Group from GBX 3,400 ($41.84) to GBX 3,900 ($47.99) and gave the stock a “hold” rating in a research report on Wednesday, June 10th. Barclays upped their target price on AVEVA Group from GBX 3,320 ($40.86) to GBX 3,770 ($46.39) and gave the stock an “equal weight” rating in a research report on Wednesday, June 10th. Finally, Morgan Stanley upped their target price on AVEVA Group from GBX 3,775 ($46.46) to GBX 4,125 ($50.76) and gave the stock an “equal weight” rating in a research report on Thursday.

Shares of AVV opened at GBX 4,146 ($51.02) on Tuesday. AVEVA Group has a 52-week low of GBX 40.40 ($0.50) and a 52-week high of GBX 5,350 ($65.84). The company has a debt-to-equity ratio of 3.60, a quick ratio of 1.40 and a current ratio of 1.49. The business’s 50 day moving average price is GBX 4,082.36 and its two-hundred day moving average price is GBX 4,100.80. The firm has a market cap of $6.70 billion and a PE ratio of 96.19.

The business also recently declared a dividend, which will be paid on Tuesday, August 11th. Investors of record on Thursday, July 9th will be issued a dividend of GBX 29 ($0.36) per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a yield of 0.69%. This is an increase from AVEVA Group’s previous dividend of $15.50. AVEVA Group’s dividend payout ratio is 104.41%.

AVEVA Group Company Profile

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.

Read More: Average Daily Trade Volume – ADTV

Analyst Recommendations for AVEVA Group (LON:AVV)

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.