Numis Securities Ltd Reiterates “not rated” Rating for Micro Focus International plc (MCRO)
Micro Focus International plc (LON:MCRO)‘s stock had its “not rated” rating reissued by equities researchers at Numis Securities Ltd in a note issued to investors on Thursday.
MCRO has been the topic of a number of other reports. Barclays PLC restated an “overweight” rating and issued a GBX 2,150 ($26.86) price target on shares of Micro Focus International plc in a report on Monday, October 17th. Peel Hunt restated a “buy” rating on shares of Micro Focus International plc in a report on Thursday, September 15th. Finally, Canaccord Genuity upgraded Micro Focus International plc to a “buy” rating in a report on Friday, September 9th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 1,827.18 ($22.83).
Shares of Micro Focus International plc (LON:MCRO) opened at 2090.00 on Thursday. The company’s market cap is GBX 4.78 billion. Micro Focus International plc has a 12 month low of GBX 1,260.00 and a 12 month high of GBX 2,400.00. The firm has a 50 day moving average price of GBX 2,116.32 and a 200-day moving average price of GBX 1,904.67.
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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