Zacks: Micro Focus International PLC – (MFGP) Given Consensus Rating of “Strong Buy” by Brokerages
Micro Focus International PLC – (NYSE:MFGP) has earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.
Zacks has also assigned Micro Focus International an industry rank of 97 out of 255 based on the ratings given to its competitors.
A number of analysts have recently weighed in on the company. Canaccord Genuity raised Micro Focus International to a “buy” rating in a research note on Thursday, May 17th. Zacks Investment Research lowered Micro Focus International from a “buy” rating to a “hold” rating in a research note on Thursday, May 31st. Credit Suisse Group reissued an “underperform” rating on shares of Micro Focus International in a research note on Monday, July 16th. Finally, ValuEngine lowered Micro Focus International from a “buy” rating to a “hold” rating in a research note on Thursday, August 2nd.
Shares of NYSE:MFGP traded up $0.06 during trading on Friday, reaching $17.16. 460,300 shares of the company traded hands, compared to its average volume of 1,397,432. Micro Focus International has a 52-week low of $12.67 and a 52-week high of $36.21.
The business also recently disclosed a special dividend, which was paid on Friday, August 31st. Stockholders of record on Friday, August 3rd were paid a dividend of $0.5833 per share. The ex-dividend date of this dividend was Thursday, August 2nd. This is a positive change from Micro Focus International’s previous special dividend of $0.35.
Micro Focus International Company Profile
Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to federal, airlines, and healthcare industries in the United Kingdom, the United States, Germany, France, Japan, and internationally. The company operates through Micro Focus and SUSE segments.
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