Other analysts also recently issued research reports about the company. Morgan Stanley reduced their price objective on AVEVA Group from GBX 2,775 ($33.53) to GBX 2,700 ($32.62) in a research note on Thursday, July 14th. Citigroup downgraded AVEVA Group from a “neutral” rating to a “sell” rating in a research note on Monday, June 6th. Stifel Nicolaus downgraded AVEVA Group from a “buy” rating to a “hold” rating in a research note on Friday, September 9th. Berenberg Bank downgraded AVEVA Group from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Barclays cut their target price on AVEVA Group from GBX 3,000 ($36.25) to GBX 2,500 ($30.21) in a research report on Wednesday, July 6th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $2,555.71.
AVEVA Group Stock Performance
OTCMKTS AVEVF remained flat at $35.00 during trading hours on Friday. The company had a trading volume of 2,000 shares, compared to its average volume of 1,067. The business’s 50-day moving average is $30.90 and its 200-day moving average is $30.20. AVEVA Group has a one year low of $24.37 and a one year high of $50.53.
About AVEVA Group
AVEVA Group plc, through its subsidiaries, provides engineering and industrial software solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company offers engineering, procurement, and construction; asset performance management; monitoring and control; planning and scheduling; and operation and optimization industrial software solutions.
- Get a free copy of the StockNews.com research report on AVEVA Group (AVEVF)
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