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Citigroup announced AVEVA Group PLC (LON:AVV), bumping up its stock price target to 2,805.00GBX today

In a report released on 10/12/2017 Citigroup increased the stock price target of AVEVA Group PLC (LON:AVV) to 2,805.00GBX reporting a possible upside of 0.15%.

Previously on 9/20/2017, Goldman Sachs reported on AVEVA Group PLC (LON:AVV) increased the target price from 1,850.00GBX to 2,400.00GBX. At the time, this indicated a possible downside of -0.02%.

Just yesterday AVEVA Group PLC (LON:AVV) traded 0.16% higher at 2,449.50GBX. AVEVA Group PLC’s 50-day moving average is 2,287.76GBX and its 200-day moving average is 2,069.30GBX. The last closing price is up 18.16% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 101,184 shares of AVV traded hands, down from an average trading volume of 338,022

Recent Performance Chart

AVEVA Group PLC (LON:AVV)

AVEVA Group PLC has 52 week low of 1,655.00GBX and a 52 week high of 2,493.00GBX with a PE ratio of 41.16 and has a market capitalization of 0 GBX.

In addition to Citigroup reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is 1,647.50GBX with 3 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 6 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On AVEVA Group PLC (LON:AVV)

AVEVA Group plc is a holding company. The Company provides engineering, design and information management software. It operates in three segments: Asia Pacific, Americas, and Europe, Middle East and Africa (EMEA). Its engineer products include AVEVA Diagrams, AVEVA Electrical, AVEVA Engineering and AVEVA Instrumentation. Its design products include AVEVA Bocad Steel, AVEVA Bocad Onshore, AVEVA Bocad Offshore and AVEVA Bocad Tower. Its manage products include AVEVA Catalogue Manager, AVEVA Clash Manager, AVEVA Engage, AVEVA Material, AVEVA Planning and AVEVA Global. Its build products include AVEVA Assembly Planning, AVEVA Automated Plate Nesting and AVEVA Bocad NC. Its operate products include AVEVA Activity Visualisation Platform, AVEVA Change Manager, AVEVA Control of Work and AVEVA WorkMate. It solution suites comprise integrated combinations of solutions and applications for enterprise-level requirements, such as integrated engineering and design and enterprise resource management.

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