Shares of Micro Focus International plc (LON:MCRO) have been assigned an average recommendation of “Hold” from the eleven ratings firms that are covering the company. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 1,811.56 ($22.44).

Several research firms have recently commented on MCRO. Citigroup Inc. reissued a “buy” rating and issued a GBX 2,100 ($26.01) target price on shares of Micro Focus International plc in a research note on Monday, July 18th. Canaccord Genuity reissued a “buy” rating and issued a GBX 1,700 ($21.06) target price on shares of Micro Focus International plc in a research note on Tuesday, July 26th. Numis Securities Ltd reissued an “add” rating and issued a GBX 2,150 ($26.63) target price on shares of Micro Focus International plc in a research note on Thursday, August 4th. Peel Hunt reaffirmed a “buy” rating on shares of Micro Focus International plc in a research note on Thursday. Finally, Barclays PLC lifted their price objective on Micro Focus International plc from GBX 1,780 ($22.05) to GBX 2,150 ($26.63) and gave the stock an “overweight” rating in a research note on Tuesday, July 19th.

Micro Focus International plc (LON:MCRO) opened at 1962.00 on Thursday. The firm has a 50-day moving average price of GBX 2,149.27 and a 200 day moving average price of GBX 1,869.17. The firm’s market capitalization is GBX 4.49 billion. Micro Focus International plc has a 12 month low of GBX 1,236.00 and a 12 month 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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