Barclays Capital Reiterates Overweight on Micro Focus International (MCRO)
Micro Focus International (LON: MCRO)‘s stock had its “overweight” rating reiterated by investment analysts at Barclays Capital in a note issued to investors on Monday. They currently have a $11.29 (700 GBX) target price on the stock.
Shares of Micro Focus International opened at 603.33 on Monday. Micro Focus International has a one year low of GBX 456.83 and a one year high of GBX 654.50. The stock’s 50-day moving average is currently GBX 573.1. The company’s market cap is £900.0 million.
MCRO has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Micro Focus International in a research note to investors on Friday. They now have a $9.46 price target on the stock. Separately, analysts at Panmure Gordon & Co Limited reiterated a “buy” rating on shares of Micro Focus International in a research note to investors on Friday, December 7th. They now have a $10.14 price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Micro Focus International in a research note to investors on Friday, November 30th. They now have a $10.83 price target on the stock.
Micro Focus International plc is engaged in making and selling of software products. The Company, along with its subsidiaries, provides software to clients worldwide.
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