Microgen PLC Rating Reiterated by Investec (MCGN)
Microgen PLC (LON: MCGN)‘s stock had its “hold” rating reiterated by investment analysts at Investec in a note issued to investors on Monday. They currently have a $2.01 (133 GBX) target price on the stock.
Shares of Microgen PLC traded up 5.36% during mid-day trading on Monday, hitting GBX 118.00. Microgen PLC has a 52 week low of GBX 112.50 and a 52 week high of GBX 164.00. The stock’s 50-day moving average is currently GBX 133.5. The company’s market cap is £96.4 million.
Microgen plc (Microgen) is a holding company. The Company’s principal activity includes provision of information technology (IT) services and solutions, including software, managed services and consultancy, to the business community primarily in the financial services sector.
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