Latest Stocks: Numis Securities Ltd Reiterates “not rated” Rating for Micro Focus International plc (MCRO)

Latest Stocks: Numis Securities Ltd Reiterates “not rated” Rating for Micro Focus International plc (MCRO)

Micro Focus International plc (LON:MCRO)‘s stock had its “not rated” rating reiterated by stock analysts at Numis Securities Ltd in a research note issued to investors on Friday.

A number of other equities analysts also recently issued reports on MCRO. Barclays PLC reissued an “overweight” rating and issued a GBX 2,600 ($33.60) price objective on shares of Micro Focus International plc in a report on Friday. Deutsche Bank AG reissued a “buy” rating and issued a GBX 2,900 ($37.47) price objective on shares of Micro Focus International plc in a report on Friday. Citigroup Inc reissued a “buy” rating and issued a GBX 2,875 ($37.15) price objective on shares of Micro Focus International plc in a report on Monday, February 20th. Canaccord Genuity raised their price objective on shares of Micro Focus International plc from GBX 2,700 ($34.89) to GBX 2,880 ($37.21) and gave the stock a “buy” rating in a report on Thursday, May 11th. Finally, Bank of America Corp downgraded shares of Micro Focus International plc to an “underperform” rating and set a GBX 2,280 ($29.46) price objective on the stock. in a report on Wednesday, April 12th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. Micro Focus International plc has an average rating of “Buy” and a consensus price target of GBX 2,360.18 ($30.50).

Shares of Micro Focus International plc (LON MCRO) opened at 2489.00 on Friday. The company’s 50 day moving average is GBX 2,490.11 and its 200-day moving average is GBX 2,258.99. The stock’s market capitalization is GBX 5.71 billion. Micro Focus International plc has a 52 week low of GBX 1,408.00 and a 52 week high of GBX 2,675.00.

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