Aveva Group (LON:AVV) Rating Kept
In a report issued to clients and investors on today, UBS kept their “Buy” rating on Aveva Group (LON:AVV)’s stock. The target price suggests a potential downside of -2.94 % from company’s last stock price.
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According to data compiled by Thomson Reuters, Aveva Group (LON:AVV)’s stock is covered by 13 equity analysts across the Street, with 2 analysts giving it a Sell rating, 7 a Buy rating, while 6 consider it a Hold. The 12-month consensus target price for the stock is GBX 1747.23, which reflects an downside potential of 1.62% over the current price.
LON:AVV Price Chart & Trend
The stock price of Aveva Group has decreased 15.73% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Aveva Group is up 18.63% and up 38.32%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Aveva Group (LON:AVV) Profile
AVEVA Group plc is a United Kingdom-based holding company. The Company, along with its subsidiaries, is engaged in the marketing and development of computer software and services for engineering and related solutions. It provides engineering, design and information management solutions to the process plant, power and marine industries.
Aveva Group (LON:AVV) traded down -4.23% on 14 June, hitting GBX 1776.06. A total of shares of the company’s stock traded hands. This is down from average of 195,342 shares. Aveva Group has a 52 week low of GBX 1221.00 and a 52 week high of GBX 2350. The company has a market cap of 1.14B GBX and a P/E ratio of 55.74.
Get the latest Aveva Group (LON:AVV) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.
The post UBS Reiterated Aveva Group (LON:AVV) As “Buy”; Has TP Of GBX 1800.00 appeared first on Octafinance.
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