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Home / Momentum / AVEVA (AVV.L) 10-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

AVEVA (AVV.L) 10-02-20

Will shares in AVEVA (AVV.L) continue to rally, setting new recent highs?

 

  • Now trading at 5205p (at time of writing), the price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Shares -0% from 12-month highs; +80% from 12 month lows.

Latest News

24 Jan:  Goldman Sachs reiterates its neutral rating on AVEVA Group (AVV) and increased the target price to 5200p (from 4700p).

09 Dec:  Goldman Sachs reiterates its neutral rating on AVEVA Group (AVV) and increased the target price to 4700p (from 3800p).

22 Nov:  UBS reiterates its neutral rating on AVEVA Group (AVV) and increased the target price to 4365p (from 3775p).

14 Nov:  Barclays Capital reiterates its overweight rating on AVEVA Group (AVV) and increased the target price to 4700p (from 4100p).

13 Nov:  Berenberg reiterates its hold rating on AVEVA Group (AVV) and increased the target price to 3800p (from 2800p).

13 Nov:  JP Morgan Cazenove reiterates its overweight rating on AVEVA Group (AVV) and increased the target price to 4300p (from 4200p).

12 Nov:  Aveva moved in to a profit within H1 on better margins and revenues. These were driven by strong sales and contract renewal figures.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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