Micro Focus International plc (LON:MCRO)‘s stock had its “neutral” rating reaffirmed by research analysts at Citigroup Inc. in a report released on Tuesday, July 18th. They presently have a GBX 2,215 ($28.76) target price on the stock. Citigroup Inc.’s target price would indicate a potential upside of 5.08% from the stock’s previous close.

A number of other equities research analysts have also issued reports on MCRO. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 2,800 ($36.35) target price on shares of Micro Focus International plc in a research report on Thursday, July 13th. Investec reaffirmed a “hold” rating and set a GBX 2,150 ($27.91) target price on shares of Micro Focus International plc in a research report on Thursday, July 13th. Numis Securities Ltd reissued an “add” rating and issued a GBX 2,740 ($35.57) price target on shares of Micro Focus International plc in a research report on Wednesday, June 14th. Barclays PLC reissued an “overweight” rating and issued a GBX 2,600 ($33.75) price target on shares of Micro Focus International plc in a research report on Thursday, July 13th. Finally, Canaccord Genuity reissued a “buy” rating and issued a GBX 2,880 ($37.39) price target on shares of Micro Focus International plc in a research report on Wednesday, July 12th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. Micro Focus International plc has a consensus rating of “Hold” and a consensus price target of GBX 2,400.18 ($31.16).

Micro Focus International plc (MCRO) traded up 1.52% during trading on Tuesday, hitting GBX 2140.00. 486,927 shares of the company’s stock traded hands. The company’s 50 day moving average price is GBX 2,211.08 and its 200 day moving average price is GBX 2,306.68. The company’s market cap is GBX 4.92 billion. Micro Focus International plc has a 52-week low of GBX 1,944.00 and a 52-week high of GBX 2,675.00.

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In related news, insider Kevin Loosemore acquired 49,000 shares of the firm’s stock in a transaction dated Tuesday, July 18th. The stock was acquired at an average price of GBX 2,171 ($28.18) per share, with a total value of £1,063,790 ($1,381,007.40).

Micro Focus International plc Company Profile

Micro Focus International plc is a United Kingdom-based global software company. The Company is engaged in delivering and supporting software solutions. The Company enables customers to utilize new technology solutions while maximizing the value of their investments in information technology (IT) infrastructure and business applications.

Analyst Recommendations for Micro Focus International plc (LON:MCRO)

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