AVEVA Group plc (LON:AVV) declared a dividend on Thursday, June 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 5th will be paid a dividend of GBX 27 ($0.36) per share on Friday, August 3rd. This represents a yield of 0.95%. The ex-dividend date of this dividend is Thursday, July 5th. The official announcement can be accessed at this link.
Shares of AVEVA Group stock opened at GBX 2,686 ($35.76) on Friday. AVEVA Group has a 52-week low of GBX 1,791 ($23.85) and a 52-week high of GBX 3,080 ($41.01).
Several research analysts have issued reports on the stock. Numis Securities reaffirmed an “add” rating on shares of AVEVA Group in a report on Thursday, June 21st. Citigroup reaffirmed a “neutral” rating and issued a GBX 2,800 ($37.28) target price on shares of AVEVA Group in a report on Tuesday, June 19th. Barclays cut shares of AVEVA Group to an “equal weight” rating and decreased their target price for the stock from GBX 2,900 ($38.61) to GBX 2,800 ($37.28) in a report on Friday, June 15th. Finally, JPMorgan Chase & Co. lifted their target price on shares of AVEVA Group from GBX 2,200 ($29.29) to GBX 3,000 ($39.94) and gave the stock an “overweight” rating in a report on Friday, June 15th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. AVEVA Group has a consensus rating of “Hold” and an average price target of GBX 2,758.75 ($36.73).
In other news, insider Jennifer Allerton sold 6,000 shares of AVEVA Group stock in a transaction that occurred on Monday, June 18th. The shares were sold at an average price of GBX 2,690 ($35.81), for a total value of £161,400 ($214,884.84).
About AVEVA Group
AVEVA Group plc operates as an industrial design and management software company in the Asia-Pacific, Europe, the Middle East and Africa, and Americas. The company offers solutions for brownfield modification, contract management, enterprise resource management, information management, integrated engineering and design, integrated shipbuilding, and steel fabrication, as well as laser and cloud solutions.
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