Barclays PLC reissued their overweight rating on shares of Micro Focus International plc (LON:MCRO) in a report published on Monday. Barclays PLC currently has a GBX 2,150 ($26.20) price target on the stock.

Several other research analysts have also recently issued reports on MCRO. Peel Hunt reaffirmed a buy rating on shares of Micro Focus International plc in a research report on Thursday, September 15th. Numis Securities Ltd upped their target price on Micro Focus International plc from GBX 1,850 ($22.55) to GBX 2,050 ($24.98) and gave the company a buy rating in a research report on Thursday, July 14th. Citigroup Inc. reissued a buy rating and issued a GBX 2,100 ($25.59) target price on shares of Micro Focus International plc in a research report on Monday, July 18th. Credit Suisse Group AG reissued a neutral rating and issued a GBX 1,732 ($21.11) target price on shares of Micro Focus International plc in a research report on Friday, July 15th. Finally, Canaccord Genuity reissued a buy rating and issued a GBX 1,700 ($20.72) target price on shares of Micro Focus International plc in a research report on Tuesday, July 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of GBX 1,827.18 ($22.27).

Micro Focus International plc (LON:MCRO) opened at 2210.00 on Monday. The stock’s market capitalization is GBX 5.05 billion. The company’s 50-day moving average price is GBX 2,144.17 and its 200 day moving average price is GBX 1,801.82. Micro Focus International plc has a 12 month low of GBX 1,150.00 and a 12 month high of GBX 2,400.00.

Micro Focus International plc Company Profile

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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