AVEVA Group plc 12.6% Potential Upside Indicated by Bank of America Merrill Lynch

Broker Ratings
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AVEVA Group plc with EPIC/TICKER (LON:AVV) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Bank of America Merrill Lynch. AVEVA Group plc are listed in the Technology sector within UK Main Market. Bank of America Merrill Lynch have set a target price of 5400 GBX on its stock. This indicates the analyst now believes there is a potential upside of 12.6% from the opening price of 4796 GBX. Over the last 30 and 90 trading days the company share price has increased 346 points and increased 1042 points respectively. The 1 year high for the stock price is 4808.99 GBX while the year low stock price is currently 2566 GBX.

AVEVA Group plc has a 50 day moving average of 4,543.45 GBX and a 200 day moving average of 3,958.75. There are currently 161,508,593 shares in issue with the average daily volume traded being 391,563. Market capitalisation for LON:AVV is £7,694,269,370 GBP.

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