Barclays reiterated their overweight rating on shares of Micro Focus International (LON:MCRO) in a research note published on Thursday.
Other analysts have also recently issued reports about the company. Numis Securities reiterated a buy rating and set a GBX 1,680 ($21.95) price target on shares of Micro Focus International in a research report on Monday, November 5th. JPMorgan Chase & Co. reiterated an underweight rating on shares of Micro Focus International in a research report on Thursday, August 30th. UBS Group reiterated a buy rating and set a GBX 1,950 ($25.48) price target on shares of Micro Focus International in a research report on Tuesday, September 25th. Finally, Deutsche Bank reiterated a hold rating on shares of Micro Focus International in a research report on Tuesday, November 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 1,328.50 ($17.36).
LON MCRO traded down GBX 4.50 ($0.06) on Thursday, hitting GBX 1,475 ($19.27). 660,362 shares of the stock traded hands, compared to its average volume of 1,560,000. Micro Focus International has a twelve month low of GBX 26.78 ($0.35) and a twelve month high of GBX 2,970.50 ($38.81).
About Micro Focus International
Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to federal, airlines, and healthcare industries in the United Kingdom, the United States, Germany, France, Japan, and internationally. The company operates through Micro Focus and SUSE segments.
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