Out of 13 analysts covering Micro Focus International PLC (LON:MCRO), 8 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 62% are positive. Micro Focus International PLC has been the topic of 68 analyst reports since September 18, 2015 according to StockzIntelligence Inc. Canaccord Genuity upgraded the stock on September 9 to “Buy” rating. Below is a list of Micro Focus International plc (LON:MCRO) latest ratings and price target changes.
09/09/2016 Broker: Canaccord Genuity Rating: Buy Old Target: GBX 2000.00 New Target: GBX 2700.00 Upgrade
09/09/2016 Broker: Citigroup Rating: Buy Old Target: GBX 2100.00 New Target: GBX 2740.00 Reiteration
09/09/2016 Broker: Barclays Capital Rating: Overweight Old Target: GBX 2150.00 New Target: GBX 2150.00 Maintain
08/09/2016 Broker: Peel Hunt Rating: Buy Old Target: GBX 1795.00 New Target: GBX 1795.00 Maintain
30/08/2016 Broker: Canaccord Genuity Rating: Hold Old Target: GBX 1700.00 New Target: GBX 2000.00 DownGrade
26/08/2016 Broker: Canaccord Genuity Rating: Buy Old Target: GBX 1700.00 New Target: GBX 2000.00 Maintain
04/08/2016 Broker: Numis Securities Rating: Add Old Target: GBX 2150.00 New Target: GBX 2150.00 Maintain
19/07/2016 Broker: Barclays Capital Rating: Overweight Old Target: GBX 1780.00 New Target: GBX 2150.00 Maintain
15/07/2016 Broker: JP Morgan Rating: Neutral Old Target: GBX 1600.00 New Target: GBX 1800.00 Maintain
14/07/2016 Broker: Numis Securities Rating: Buy Old Target: GBX 1850.00 New Target: GBX 2050.00 Maintain
The stock increased 0.17% or GBX 3.78 on September 13, hitting GBX 2172.78. About 2.06 million shares traded hands or 106.54% up from the average. Micro Focus International plc (LON:MCRO) has risen 65.07% since February 12, 2016 and is uptrending. It has outperformed by 48.58% the S&P500.
Micro Focus International plc is engaged in providing software to clients around the world. The company has a market cap of 4.95 billion GBP. The Firm operates through two divisions: Micro Focus Product Portfolio and SUSE Product Portfolio. It has a 40.44 P/E ratio. From within the Micro Focus Product Portfolio, the Company manages the corporate support functions of human resources, information technology, facilities, finance, legal and the project management office for acquisitions and integration.
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