AVEVA Group (LON:AVV) had its target price increased by JPMorgan Chase & Co. from GBX 4,200 ($54.88) to GBX 4,300 ($56.19) in a research note released on Wednesday morning, ThisIsMoney.Co.Uk reports. They currently have an overweight rating on the stock.
A number of other research analysts have also weighed in on AVV. Berenberg Bank lifted their price target on shares of AVEVA Group from GBX 2,800 ($36.59) to GBX 3,800 ($49.65) and gave the company a hold rating in a research note on Wednesday. UBS Group reaffirmed a neutral rating on shares of AVEVA Group in a research note on Tuesday, November 12th. Finally, Barclays reaffirmed an overweight rating on shares of AVEVA Group in a research note on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 3,786.88 ($49.48).
AVV traded down GBX 32 ($0.42) during trading on Wednesday, reaching GBX 4,374 ($57.15). The company had a trading volume of 291,039 shares, compared to its average volume of 221,542. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.38 and a quick ratio of 1.30. AVEVA Group has a 12 month low of GBX 2,264 ($29.58) and a 12 month high of GBX 4,444 ($58.07). The business’s fifty day moving average price is GBX 3,971.08 and its 200 day moving average price is GBX 3,791. The company has a market cap of $7.06 billion and a P/E ratio of 209.28.
The firm also recently disclosed a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 9th will be given a GBX 15.50 ($0.20) dividend. This represents a dividend yield of 0.35%. The ex-dividend date of this dividend is Thursday, January 9th. AVEVA Group’s dividend payout ratio is presently 2.06%.
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.
Featured Article: Capital gains and your 401(k) or IRA
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.