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AVEVA Group Plc (OTCMKTS:AVEVF) Receives Consensus Rating of "Hold" From Brokerages

Financial News Live ·  Sep 26, 2022 05:52

AVEVA Group plc (OTCMKTS:AVEVF – Get Rating) has received an average rating of "Hold" from the twelve brokerages that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $2,710.00.

A number of equities analysts recently commented on AVEVF shares. Berenberg Bank cut shares of AVEVA Group from a "buy" rating to a "hold" rating in a research report on Thursday. UBS Group decreased their target price on shares of AVEVA Group from GBX 2,750 ($33.23) to GBX 2,725 ($32.93) in a research report on Friday, June 10th. Investec cut shares of AVEVA Group from a "buy" rating to a "hold" rating in a research report on Thursday, August 25th. Stifel Nicolaus lowered shares of AVEVA Group from a "buy" rating to a "hold" rating in a report on Friday, September 9th. Finally, Citigroup lowered shares of AVEVA Group from a "neutral" rating to a "sell" rating in a report on Monday, June 6th.

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AVEVA Group Stock Performance

Shares of OTCMKTS:AVEVF opened at $35.00 on Monday. The company's fifty day moving average is $31.05 and its 200 day moving average is $30.18. AVEVA Group has a 52 week low of $24.37 and a 52 week high of $50.53.

AVEVA Group Company Profile

(Get Rating)

AVEVA Group plc, through its subsidiaries, provides engineering and industrial software solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company offers engineering, procurement, and construction; asset performance management; monitoring and control; planning and scheduling; and operation and optimization industrial software solutions.

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