AVEVA Group (LON:AVV) Given “Neutral” Rating at UBS Group

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UBS Group reiterated their neutral rating on shares of AVEVA Group (LON:AVV) in a report released on Friday morning, ThisIsMoney.Co.Uk reports. UBS Group currently has a GBX 3,775 ($49.33) target price on the stock, up from their prior target price of GBX 3,550 ($46.39).

Other analysts also recently issued reports about the stock. Numis Securities restated an add rating and set a GBX 3,700 ($48.35) price objective on shares of AVEVA Group in a research report on Wednesday, May 29th. Barclays raised their price objective on shares of AVEVA Group from GBX 3,370 ($44.04) to GBX 4,100 ($53.57) and gave the company an overweight rating in a research report on Monday, July 8th. Credit Suisse Group raised their price objective on shares of AVEVA Group from GBX 3,000 ($39.20) to GBX 3,900 ($50.96) and gave the company an outperform rating in a research report on Thursday, May 9th. Finally, HSBC raised their price objective on shares of AVEVA Group from GBX 2,685 ($35.08) to GBX 2,920 ($38.15) and gave the company a reduce rating in a research report on Monday, June 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. AVEVA Group has a consensus rating of Hold and a consensus target price of GBX 3,481.88 ($45.50).

Shares of AVV stock opened at GBX 3,852 ($50.33) on Friday. The company has a market capitalization of $6.22 billion and a price-to-earnings ratio of 184.31. AVEVA Group has a one year low of GBX 2,264 ($29.58) and a one year high of GBX 4,232 ($55.30). The company’s fifty day moving average price is GBX 3,911.20 and its 200-day moving average price is GBX 3,491.29. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.38 and a quick ratio of 1.30.

The company also recently disclosed a dividend, which was paid on Friday, August 2nd. Stockholders of record on Thursday, July 4th were given a dividend of GBX 29 ($0.38) per share. This represents a dividend yield of 0.86%. This is an increase from AVEVA Group’s previous dividend of $14.00. The ex-dividend date of this dividend was Thursday, July 4th. AVEVA Group’s dividend payout ratio (DPR) is presently 2.06%.

In other AVEVA Group news, insider James Kidd sold 19,795 shares of AVEVA Group stock in a transaction on Thursday, August 1st. The shares were sold at an average price of GBX 3,954 ($51.67), for a total value of £782,694.30 ($1,022,728.73). Also, insider Jennifer Allerton sold 9,300 shares of AVEVA Group stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of GBX 4,077 ($53.27), for a total transaction of £379,161 ($495,441.00).

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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Analyst Recommendations for AVEVA Group (LON:AVV)

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