Micro Focus International (MCRO) Rating Reiterated by Numis Securities
Micro Focus International (LON:MCRO)‘s stock had its “buy” rating reissued by equities research analysts at Numis Securities in a research note issued on Thursday, ThisIsMoney.Co.Uk reports.
MCRO has been the topic of a number of other research reports. Goldman Sachs Group lowered shares of Micro Focus International to a “neutral” rating in a research report on Monday, January 28th. Barclays lifted their price target on shares of Micro Focus International from GBX 1,600 ($20.91) to GBX 1,800 ($23.52) and gave the company an “overweight” rating in a research report on Friday, February 15th. UBS Group reissued a “buy” rating and issued a GBX 2,050 ($26.79) price target (up previously from GBX 1,700 ($22.21)) on shares of Micro Focus International in a research report on Thursday, March 14th. Credit Suisse Group lowered shares of Micro Focus International to an “underperform” rating and lifted their price target for the company from GBX 1,235 ($16.14) to GBX 1,469 ($19.20) in a research report on Wednesday, February 20th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating on shares of Micro Focus International in a research report on Monday, April 8th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. Micro Focus International currently has an average rating of “Hold” and an average target price of GBX 1,758 ($22.97).
LON:MCRO opened at GBX 1,822.80 ($23.82) on Thursday. Micro Focus International has a 12 month low of GBX 1,131.50 ($14.79) and a 12 month high of GBX 2,084 ($27.23). The company has a market capitalization of $6.00 billion and a PE ratio of 13.94. The company has a debt-to-equity ratio of 60.22, a quick ratio of 0.76 and a current ratio of 1.25.
Micro Focus International Company Profile
Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to small and medium size enterprises. The company offers infrastructure software products that are managed on an investment portfolio. Its product portfolio includes application modernization and connectivity, application delivery management, and IT operations management, as well as security, information management, and Governance.
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