Microgen plc (LON:MCGN)‘s stock had its “buy” rating reiterated by equities researchers at Investec in a research note issued on Thursday, July 6th. They currently have a GBX 400 ($5.22) target price on the stock. Investec’s price objective indicates a potential downside of 2.44% from the company’s previous close.

Shares of Microgen plc (MCGN) opened at 410.00 on Thursday. The firm has a 50-day moving average price of GBX 337.79 and a 200-day moving average price of GBX 278.96. Microgen plc has a 12 month low of GBX 164.00 and a 12 month high of GBX 410.00. The company’s market capitalization is GBX 243.12 million.

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Microgen plc Company Profile

Microgen plc is engaged in the provision of information technology (IT) services and solutions. The Company’s software-based activities include software licenses, maintenance, funded development and related consultancy. Its segments include Aptitude Software and Microgen Financial Systems. The Aptitude Software business provides a series of financial management software applications.

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