Goldman Sachs lowered shares of AVEVA Group plc (LON:AVV) to a sell rating in a research report sent to investors on Thursday morning, Analyst Ratings Net reports. The brokerage currently has GBX 1,250 ($17.81) price objective on the stock.

Several other equities research analysts also recently weighed in on AVV. Panmure Gordon decreased their price objective on AVEVA Group plc from GBX 1,895 ($27.00) to GBX 1,834 ($26.13) and set a hold rating for the company in a report on Tuesday, November 10th. Credit Suisse decreased their price objective on AVEVA Group plc from GBX 2,800 ($39.89) to GBX 1,800 ($25.64) and set an outperform rating for the company in a report on Friday, January 8th. JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 2,450 ($34.91) price objective on shares of AVEVA Group plc in a report on Wednesday, November 11th. Berenberg Bank raised AVEVA Group plc to a buy rating and increased their price objective for the company from GBX 1,977 ($28.17) to GBX 2,450 ($34.91) in a report on Tuesday, October 20th. Finally, Liberum Capital reissued a hold rating and issued a GBX 2,360 ($33.62) price objective on shares of AVEVA Group plc in a report on Thursday, December 10th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. AVEVA Group plc has a consensus rating of Hold and a consensus target price of GBX 1,834.67 ($26.14).

Shares of AVEVA Group plc (LON:AVV) opened at 1349.0000 on Thursday. The stock’s market cap is GBX 862.15 million. AVEVA Group plc has a 12-month low of GBX 1,276.00 and a 12-month high of GBX 2,350.00. The stock’s 50 day moving average is GBX 1,639.58 and its 200-day moving average is GBX 1,989.24.

The firm also recently announced a dividend, which will be paid on Friday, January 29th. Shareholders of record on Thursday, December 31st will be issued a GBX 6 ($0.09) dividend. This represents a yield of 0.3%. The ex-dividend date of this dividend is Thursday, December 31st.

AVEVA Group plc is a United Kingdom-based holding company. The Company, along with its subsidiaries, is engaged in the marketing and development of computer software and services for engineering and related solutions. It provides engineering, design and information management solutions to the process plant, power and marine industries. The Company also provides Solution Suites and Strategies through its digital asset. The Company’s two lines of business are Engineering & Design Systems (LON:AVV) and Enterprise Solutions (ES). The products of each of the lines of the Company are organized into three geographical sales divisions; Asia Pacific, Americas, and Europe, Middle East and Africa.

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