Micro Focus International plc’s Overweight Rating Reaffirmed at Barclays (MCRO)
A number of other analysts have also recently weighed in on MCRO. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Micro Focus International plc in a research note on Thursday. They now have a GBX 970 ($16.27) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Micro Focus International plc in a research note on Thursday. They now have a GBX 918 ($15.40) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Micro Focus International plc in a research note on Thursday. They now have a GBX 920 ($15.43) price target on the stock. Two analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 882.36 ($14.80).
Micro Focus International plc (LON:MCRO) opened at 879.60 on Friday. Micro Focus International plc has a 52-week low of GBX 718.50 and a 52-week high of GBX 893.5001. The stock has a 50-day moving average of GBX 853.8 and a 200-day moving average of GBX 814.2. The company’s market cap is £1.227 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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