Micro Focus International Given Add Rating at Numis Securities Ltd (MCRO)
Micro Focus International (LON:MCRO)‘s stock had its “add” rating reiterated by stock analysts at Numis Securities Ltd in a report issued on Thursday, Analyst Ratings News reports. They currently have a GBX 870 ($14.58) price target on the stock. Numis Securities Ltd’s price objective would indicate a potential upside of 9.16% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Micro Focus International in a research note on Thursday. They now have a GBX 851 ($14.26) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Micro Focus International in a research note on Monday, January 20th. They now have a GBX 815 ($13.66) price target on the stock. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. Micro Focus International currently has an average rating of “Hold” and an average target price of GBX 809.61 ($13.57).
Shares of Micro Focus International (LON:MCRO) opened at 796.00 on Thursday. Micro Focus International has a 1-year low of GBX 673.725 and a 1-year high of GBX 890.50. The stock’s 50-day moving average is GBX 693. and its 200-day moving average is GBX 663.6. The company’s market cap is £1.188 billion.
Micro Focus International plc is engaged in making and selling of software products. The Company, along with its subsidiaries, provides software to clients worldwide.
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