AVEVA Group plc (OTCMKTS:AVEVF) Given Consensus Recommendation of “Hold” by Analysts

Shares of AVEVA Group plc (OTCMKTS:AVEVFGet Rating) have earned an average rating of “Hold” from the thirteen research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $2,944.29.

A number of analysts recently issued reports on AVEVF shares. Sanford C. Bernstein downgraded shares of AVEVA Group from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 4th. Berenberg Bank lifted their target price on shares of AVEVA Group from GBX 3,113 ($37.43) to GBX 3,225 ($38.78) in a research note on Monday, November 28th.

AVEVA Group Stock Performance

OTCMKTS AVEVF opened at $39.72 on Monday. AVEVA Group has a 52-week low of $24.37 and a 52-week high of $43.07. The company has a 50-day simple moving average of $39.71 and a 200 day simple moving average of $37.24.

About AVEVA Group

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AVEVA Group Plc engages in provision of engineering and industrial software. It operates through the following geographical segments: Asia Pacific, EMEA, and Americas. The company was founded in 1967 and is headquartered in Cambridge, the United Kingdom.

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Analyst Recommendations for AVEVA Group (OTCMKTS:AVEVF)

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