Deutsche Bank AG reaffirmed their buy rating on shares of Micro Focus International plc (LON:MCRO) in a report released on Thursday. Deutsche Bank AG currently has a GBX 2,800 ($37.14) price target on the stock.

Other equities analysts have also issued research reports about the company. Numis Securities Ltd restated an add rating and set a GBX 2,740 ($36.34) price objective on shares of Micro Focus International plc in a research note on Wednesday, June 14th. Canaccord Genuity restated a buy rating and set a GBX 2,880 ($38.20) price objective on shares of Micro Focus International plc in a research note on Wednesday, July 12th. Investec restated a hold rating and set a GBX 2,150 ($28.52) price objective on shares of Micro Focus International plc in a research note on Thursday, July 13th. Citigroup Inc. restated a neutral rating and set a GBX 2,430 ($32.23) price objective on shares of Micro Focus International plc in a research note on Thursday, September 7th. Finally, Barclays PLC restated an overweight rating and set a GBX 2,600 ($34.49) price objective on shares of Micro Focus International plc in a research note on Monday, July 31st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. Micro Focus International plc currently has an average rating of Hold and an average target price of GBX 2,495.67 ($33.10).

Shares of Micro Focus International plc (MCRO) traded up 0.04% during mid-day trading on Thursday, hitting GBX 2432.00. The stock had a trading volume of 798,217 shares. The stock’s market capitalization is GBX 5.17 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. The stock has a 50 day moving average of GBX 2,411.34 and a 200-day moving average of GBX 2,504.15.

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In other Micro Focus International plc news, insider Kevin Loosemore bought 49,000 shares of Micro Focus International plc stock in a transaction on Tuesday, July 18th. The shares were purchased at an average price of GBX 2,171 ($28.80) per share, with a total value of £1,063,790 ($1,411,049.21).

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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