Micro Focus International (MCRO) Given Overweight Rating at Barclays
Micro Focus International (LON:MCRO)‘s stock had its “overweight” rating restated by equities researchers at Barclays in a note issued to investors on Thursday.
A number of other brokerages also recently weighed in on MCRO. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Micro Focus International in a research report on Wednesday, November 7th. Numis Securities reiterated a “buy” rating and issued a GBX 1,680 ($21.95) price target on shares of Micro Focus International in a research report on Monday, November 5th. UBS Group reiterated a “buy” rating and issued a GBX 1,950 ($25.48) price target on shares of Micro Focus International in a research report on Tuesday, September 25th. Finally, Deutsche Bank reiterated a “hold” rating on shares of Micro Focus International in a research report on Tuesday, November 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. Micro Focus International has an average rating of “Hold” and a consensus price target of GBX 1,328.50 ($17.36).
Shares of LON:MCRO opened at GBX 1,486 ($19.42) on Thursday. Micro Focus International has a fifty-two week low of GBX 26.78 ($0.35) and a fifty-two week high of GBX 2,970.50 ($38.81).
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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