You are here

Prices & Quotes - UK Markets - Aveva Group (AVV)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 3,809.00p
Change Today:
-32.00p
Market Cap:
11,471m
Sector:
Software & Computer Services

Jefferies upgrades Aveva to 'buy'

By Michele Maatouk

Date: Thursday 28 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Jefferies upgraded its stance on shares of Aveva on Thursday to 'buy' from 'hold' and hiked the price target to 4,500p from 4,000p .
It said that with the near-finalised acquisition of OSIsoft, it has a large opportunity to convert an enlarged customer base to a financially accretive subscription model.

"OSIsoft's product portfolio is complimentary to Aveva's, enabling greater up- and cross-sell to customers," Jefferies said.

Jefferies said that post-merger, Aveva's oil & gas vertical exposure will decrease from around 40% to 35% of revenue. "Importantly, the mix shift will also increasingly skew towards more mid- & downstream exposure, which is likely less volatile than upstream exploration," it said.

The bank also highlighted an attractive valuation, pointing out that post-merger, Aveva is trading as one of the cheapest companies in the engineering software group at 9.3x EV/FY22 and 8.6x EV/FY23 revenue, compared to the peer group trading at 12.9x and 11.6x.



Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Aveva Group Market Data

Currency UK Pounds
Price 3,809.00p
Change Today -32.00p
52 Week High 4,102.40p
52 Week Low 2,599.90p
Volume 318,548
Shares Issued 301.15m
Market Cap 11,471m
Beta 0.00

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Price Chg 6m
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector

What The Brokers Say

Strong Buy 9
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Aveva Group Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Jan-21 09-Jul-20
Paid 05-Feb-21 11-Aug-20
Amount 15.50p 29.00p

Trades for 16-Apr-2021

Time Volume / Share Price
16:35 88,738 @ 3,809.00p
16:29 2 @ 3,804.00p
16:29 16 @ 3,804.00p
16:29 1 @ 3,806.00p
16:29 7 @ 3,806.00p

Aveva Group Key Personnel

CFO James Kidd
Chair Philip Aiken
CEO Craig Hayman