Micro Focus International plc (MCRO) Rating Reiterated by Numis Securities Ltd
Several other research analysts also recently commented on the stock. Peel Hunt reaffirmed a buy rating on shares of Micro Focus International plc in a research note on Thursday, November 10th. Barclays PLC reaffirmed an overweight rating and issued a GBX 2,150 ($26.67) price target on shares of Micro Focus International plc in a research note on Monday, October 17th. Finally, Canaccord Genuity raised shares of Micro Focus International plc to a buy rating in a research note on Friday, September 9th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of GBX 1,827.18 ($22.67).
Shares of Micro Focus International plc (LON:MCRO) opened at 2136.00 on Thursday. The company’s market cap is GBX 4.88 billion. The firm has a 50-day moving average of GBX 2,109.17 and a 200-day moving average of GBX 1,912.80. Micro Focus International plc has a one year low of GBX 1,264.68 and a one year high of GBX 2,400.00.
About Micro Focus International plc
Micro Focus International plc is engaged in providing software to clients around the world. The Company operates through two segments: Micro Focus Product Portfolio and SUSE Product Portfolio. From within the Micro Focus Product Portfolio, the Company manages the corporate support functions of human resources, information technology, facilities, finance, legal and the project management office for acquisitions and integration.
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