Goldman Sachs Group Boosts AVEVA Group (LON:AVV) Price Target to GBX 4,700

AVEVA Group (LON:AVV) had its price objective boosted by Goldman Sachs Group from GBX 3,800 ($49.99) to GBX 4,700 ($61.83) in a report released on Monday morning, Stock Target Advisor reports. The firm currently has a neutral rating on the stock.

Several other research firms have also commented on AVV. JPMorgan Chase & Co. upped their price objective on AVEVA Group from GBX 4,200 ($55.25) to GBX 4,300 ($56.56) and gave the stock an overweight rating in a research report on Wednesday, November 13th. UBS Group restated a neutral rating on shares of AVEVA Group in a research report on Thursday, December 5th. Barclays upped their price objective on AVEVA Group from GBX 4,100 ($53.93) to GBX 4,700 ($61.83) and gave the stock an overweight rating in a research report on Thursday, November 14th. Finally, Berenberg Bank upped their price objective on AVEVA Group from GBX 2,800 ($36.83) to GBX 3,800 ($49.99) and gave the stock a hold rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of GBX 4,048.13 ($53.25).

AVEVA Group stock opened at GBX 4,450 ($58.54) on Monday. The company has a current ratio of 1.31, a quick ratio of 1.22 and a debt-to-equity ratio of 4.73. AVEVA Group has a 12 month low of GBX 2,264 ($29.78) and a 12 month high of GBX 4,590 ($60.38). The stock’s 50 day simple moving average is GBX 4,353.56 and its two-hundred day simple moving average is GBX 3,942.74. The firm has a market cap of $7.19 billion and a PE ratio of 125.00.

The business also recently disclosed a dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 9th will be given a GBX 15.50 ($0.20) dividend. The ex-dividend date of this dividend is Thursday, January 9th. This represents a yield of 0.35%. AVEVA Group’s dividend payout ratio is presently 1.26%.

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.

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Analyst Recommendations for AVEVA Group (LON:AVV)

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