Micro Focus International Stock Rating Reaffirmed by Barclays Capital (MCRO)
Micro Focus International (LON: MCRO)‘s stock had its “overweight” rating restated by equities researchers at Barclays Capital in a report issued on Wednesday. They currently have a $9.60 (600 GBX) target price on the stock.
Micro Focus International opened at 570.26 on Wednesday. Micro Focus International has a 1-year low of GBX 366.818 and a 1-year high of GBX 595.00. The company’s market cap is £933.8 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Micro Focus International in a research note to investors on Tuesday, September 25th. They now have a $10.89 price target on the stock. Separately, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Micro Focus International in a research note to investors on Monday, September 24th. They now have a $9.44 price target on the stock. Finally, 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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