JPMorgan Chase & Co. Reaffirms “Overweight” Rating for AVEVA Group (AVV)

JPMorgan Chase & Co. reiterated their overweight rating on shares of AVEVA Group (LON:AVV) in a research report released on Tuesday. JPMorgan Chase & Co. currently has a GBX 3,150 ($41.16) price target on the stock.

A number of other research analysts have also weighed in on the company. UBS Group reaffirmed a neutral rating and set a GBX 2,970 ($38.81) price objective (up previously from GBX 2,850 ($37.24)) on shares of AVEVA Group in a research report on Friday, September 21st. Citigroup increased their target price on AVEVA Group from GBX 2,800 ($36.59) to GBX 2,860 ($37.37) and gave the company a neutral rating in a research note on Friday, September 21st. Barclays upgraded AVEVA Group to an overweight rating and increased their target price for the company from GBX 2,800 ($36.59) to GBX 3,150 ($41.16) in a research note on Thursday, September 20th. Numis Securities upgraded AVEVA Group to a buy rating and increased their target price for the company from GBX 3,220 ($42.08) to GBX 3,400 ($44.43) in a research note on Wednesday, September 19th. Finally, Berenberg Bank reiterated a hold rating on shares of AVEVA Group in a research note on Monday, September 17th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. AVEVA Group presently has a consensus rating of Hold and a consensus target price of GBX 2,863.33 ($37.41).

AVV stock opened at GBX 2,660 ($34.76) on Tuesday. AVEVA Group has a twelve month low of GBX 1,791 ($23.40) and a twelve month high of GBX 3,080 ($40.25).

In other AVEVA Group news, insider David Ward sold 2,063 shares of the stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of GBX 2,623 ($34.27), for a total transaction of £54,112.49 ($70,707.55).

AVEVA Group Company Profile

AVEVA Group plc operates as an industrial design and management software company in the Asia-Pacific, Europe, the Middle East and Africa, and Americas. The company offers solutions for brownfield modification, contract management, enterprise resource management, information management, integrated engineering and design, integrated shipbuilding, and steel fabrication, as well as laser and cloud solutions.

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Analyst Recommendations for AVEVA Group (LON:AVV)

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