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Home / Momentum / AVEVA (AVV.L) 03-12-19

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

AVEVA (AVV.L) 03-12-19

Will AVEVA (AVV.L) continue to rise?

 

  • Now trading at 4524p (at time of writing), the share price momentum has been strong.
  • Is this trend your friend?
  • Could this appeal to momentum investors?
  • Whilst the trend has been strong, remember that past patterns are not necessarily an indication of the future.
  • Be mindful of new events and the influence they can have on price action. Check regularly for updates.
  • Shares -0% from 12-month highs; +98% from 12 month lows.

Latest News

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 into a profit in the first half of the year, due to better margins and revenues, strong sales, earlier contract renewals.

25 Oct:  JP Morgan Cazenove reiterates its overweight rating on AVEVA Group (AVV) and increased the target price to 4200p (from 3550p).

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

 

Click to enlarge

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