Micro Focus International plc (LON:MCRO) has been assigned a consensus rating of “Hold” from the eleven research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 2,516.10 ($33.20).

A number of equities research analysts have recently issued reports on MCRO shares. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 2,800 ($36.95) target price on shares of Micro Focus International plc in a research note on Friday, September 8th. Credit Suisse Group restated an “underperform” rating and set a GBX 1,921 ($25.35) price objective on shares of Micro Focus International plc in a research note on Friday, September 8th. Canaccord Genuity restated a “buy” rating and set a GBX 2,880 ($38.00) price objective on shares of Micro Focus International plc in a research note on Wednesday, July 12th. Barclays PLC restated an “overweight” rating and set a GBX 2,600 ($34.31) price objective on shares of Micro Focus International plc in a research note on Thursday, July 13th. Finally, Deutsche Bank AG restated a “buy” rating and set a GBX 2,800 ($36.95) price objective on shares of Micro Focus International plc in a research note on Friday, September 8th.

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In other news, insider Kevin Loosemore bought 30,000 shares of the firm’s stock in a transaction dated Friday, September 22nd. The stock was bought at an average price of GBX 2,426 ($32.01) per share, for a total transaction of £727,800 ($960,411.72).

Micro Focus International plc Company Profile

Micro Focus International plc is a United Kingdom-based global software company. The Company is engaged in delivering and supporting software solutions. The Company enables customers to utilize new technology solutions while maximizing the value of their investments in information technology (IT) infrastructure and business applications.

Analyst Recommendations for Micro Focus International plc (LON:MCRO)

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