AVEVA GROUP PLC ORD 3 5/9P with EPIC code (LON:AVV) now have 10 analysts covering the company.The target price ranges between £34.00 and £27.5 so the average target price would be £29.94. Now with the previous closing price of £38.15 this would indicate that there is a downside of -21.5%. The 50 day moving average now sits at £36.13 and the 200 day moving average is £41.02. The company has a market capitalisation of £11b. Company Website: http://www.aveva.com
AVEVA Group plc, through its subsidiaries, provides engineering and industrial software solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company offers engineering, procurement, and construction; asset performance; monitoring and control; planning and scheduling; and operation and optimization industrial software solutions. It also provides digital transformation solutions covering artificial intelligence, cloud, digital twin, edge, extended reality, and Industrial Internet of Things products; and customer support and training services. The company serves customers in the chemicals, food and beverage, consumer packaged goods, infrastructure, life sciences, marine, mining, oil and gas, power and utilities, pulp and paper, steel fabrication, and water and wastewater industries. AVEVA Group plc has strategic partnerships with DORIS Group and Schneider Electric to deliver digital twin technology for the upstream oil and gas markets. The company was founded in 1967 and is headquartered in Cambridge, the United Kingdom. AVEVA Group plc is a subsidiary of Schneider Electric S.E.