AVEVA Group plc 22.2% Potential Decrease Indicated by HSBC

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 ‘REDUCE’ this morning by analysts at HSBC. AVEVA Group plc are listed in the Technology sector within UK Main Market. HSBC have set a target price of 2685 GBX on its stock. This would imply the analyst believes there is a potential downside of -22.2% from the opening price of 3452 GBX. Over the last 30 and 90 trading days the company share price has increased 388 points and increased 702 points respectively. The 52 week high for the stock is 3460 GBX while the year low share price is currently 2092 GBX.

AVEVA Group plc has a 50 day moving average of 3,166.67 GBX and a 200 Day Moving Average share price is recorded at 2,808.07. There are currently 161,287,697 shares in issue with the average daily volume traded being 210,541. Market capitalisation for LON:AVV is £5,467,652,928 GBP.

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