JPMorgan Chase Reiterates Neutral on Micro Focus International (MCRO)
Micro Focus International (LON: MCRO)‘s stock had its “neutral” rating reaffirmed by research analysts at JPMorgan Chase in a report released on Monday. They currently have a $9.44 (585 GBX) target price on the stock.
Shares of Micro Focus International opened at 580.00 on Monday. Micro Focus International has a one year low of GBX 340.796 and a one year high of GBX 579.00. The company’s market cap is £949.7 million.
Separately, 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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