AVEVA Group plc (LON:AVV) declared a dividend on Tuesday, June 9th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 9th will be paid a dividend of GBX 29 ($0.36) per share on Tuesday, August 11th. This represents a dividend yield of 0.69%. The ex-dividend date is Thursday, July 9th. This is an increase from AVEVA Group’s previous dividend of $15.50. The official announcement can be viewed at this link.
Shares of LON:AVV opened at GBX 4,174 ($51.37) on Tuesday. AVEVA Group has a 12-month low of GBX 2,634 ($32.41) and a 12-month high of GBX 5,350 ($65.84). The business’s fifty day simple moving average is GBX 4,033.38 and its 200-day simple moving average is GBX 4,173.10. The company has a market capitalization of $6.74 billion and a PE ratio of 96.84. The company has a current ratio of 1.49, a quick ratio of 1.40 and a debt-to-equity ratio of 3.60.
AVV has been the subject of a number of recent analyst reports. UBS Group reissued a “neutral” rating and issued a GBX 3,785 ($46.58) price objective (up previously from GBX 3,650 ($44.92)) on shares of AVEVA Group in a research report on Wednesday, June 10th. HSBC lowered their price objective on AVEVA Group from GBX 3,190 ($39.26) to GBX 3,010 ($37.04) and set a “reduce” rating for the company in a research report on Friday, April 24th. Barclays raised their price objective 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. Jefferies Financial Group raised their price objective 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. Finally, Credit Suisse Group raised their price objective on AVEVA Group from GBX 4,200 ($51.69) to GBX 4,500 ($55.38) and gave the stock an “outperform” rating in a research report on Friday, June 12th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. AVEVA Group currently has an average rating of “Hold” and an average price target of GBX 4,221.50 ($51.95).
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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