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AVEVA Group plc 9.4% Potential Upside Indicated by Barclays Capital

AVEVA Group plc using EPIC/TICKER code (LON:AVV) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. AVEVA Group plc are listed in the Technology sector within UK Main Market. Barclays Capital have set a target price of 2900 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.4% from today’s opening price of 2650 GBX. Over the last 30 and 90 trading days the company share price has increased 90 points and increased 168 points respectively. The 52 week high share price is 2728 GBX while the 52 week low for the share price is 1710 GBX.

AVEVA Group plc has a 50 day moving average of 2,560.28 GBX and the 200 Day Moving Average price is recorded at 2,182.70. There are currently 64,002,198 shares in issue with the average daily volume traded being 128,260. Market capitalisation for LON:AVV is £1,721,659,126 GBP.

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