AVEVA Group (OTCMKTS:AVEVF) Stock Rating Lowered by Stifel Nicolaus

AVEVA Group (OTCMKTS:AVEVFGet Rating) was downgraded by stock analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a note issued to investors on Friday, The Fly reports.

Other analysts have also recently issued research reports about the stock. Investec cut shares of AVEVA Group from a “buy” rating to a “hold” rating in a research report on Thursday, August 25th. UBS Group dropped 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. Morgan Stanley decreased their price target on shares of AVEVA Group from GBX 2,775 ($33.53) to GBX 2,700 ($32.62) in a report on Thursday, July 14th. Barclays decreased their price target on shares of AVEVA Group from GBX 3,000 ($36.25) to GBX 2,500 ($30.21) in a report on Wednesday, July 6th. Finally, Citigroup lowered shares of AVEVA Group from a “neutral” rating to a “sell” rating in a report on Monday, June 6th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, AVEVA Group currently has an average rating of “Hold” and a consensus target price of $2,555.71.

AVEVA Group Stock Performance

Shares of AVEVA Group stock opened at $32.50 on Friday. The firm has a fifty day moving average of $29.97 and a two-hundred day moving average of $30.17. AVEVA Group has a 52 week low of $24.37 and a 52 week high of $52.42.

About AVEVA Group

(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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Analyst Recommendations for AVEVA Group (OTCMKTS:AVEVF)

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