Today: Today, Micro Focus International plc (MCRO) PT Raised to GBX 2,600 at Barclays PLC

Today, Micro Focus International plc (MCRO) PT Raised to GBX 2,600 at Barclays PLC

Micro Focus International plc (LON:MCRO) had its target price boosted by investment analysts at Barclays PLC from GBX 2,150 ($26.67) to GBX 2,600 ($32.25) in a research report issued on Tuesday. The brokerage currently has an “overweight” rating on the stock. Barclays PLC’s price target points to a potential upside of 24.40% from the stock’s previous close.

A number of other analysts also recently issued reports on the company. Peel Hunt reissued a “buy” rating and set a GBX 1,795 ($22.27) price objective on shares of Micro Focus International plc in a research report on Thursday, September 8th. Canaccord Genuity raised Micro Focus International plc to a “buy” rating in a research report on Friday, September 9th. Finally, Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 2,150 ($26.67) target price on shares of Micro Focus International plc in a research report on Thursday, August 4th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. Micro Focus International plc has an average rating of “Buy” and an average price target of GBX 1,868.09 ($23.17).

Micro Focus International plc (LON:MCRO) opened at 2081.00 on Tuesday. The stock’s 50 day moving average is GBX 2,109.17 and its 200 day moving average is GBX 1,912.80. Micro Focus International plc has a 12-month low of GBX 1,264.68 and a 12-month high of GBX 2,400.00. The firm’s market cap is GBX 4.76 billion.

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