Canaccord Genuity Reiterates Buy on Micro Focus International (MCRO)
Micro Focus International (LON: MCRO)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity in a report released on Tuesday. They currently have a $10.89 (675 GBX) target price on the stock.
Micro Focus International opened at 583.50 on Tuesday. Micro Focus International has a 52-week low of GBX 340.796 and a 52-week high of GBX 579.00. The company’s market cap is £955.5 million.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Micro Focus International in a research note to investors on Monday. They now have a $9.44 price target on the stock. Analysts at Jefferies Group reiterated an “underperform” rating on shares of Micro Focus International in a research note to investors on Thursday, August 23rd. They now have a $6.67 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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