Micro Focus International plc 10.5% Potential Upside Indicated by Goldman Sachs

Broker Ratings

Micro Focus International plc using EPIC/TICKER code (LON:MCRO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. Micro Focus International plc are listed in the Technology sector within UK Main Market. Goldman Sachs have set a target price of 2200 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.5% from today’s opening price of 1990.6 GBX. Over the last 30 and 90 trading days the company share price has increased 70.1 points and increased 115.1 points respectively. The 52 week high for the stock is 2084 GBX while the 52 week low for the stock is 1131.5 GBX.

Micro Focus International plc has a 50 day moving average of 1,940.68 GBX and a 200 Day Moving Average share price is recorded at 1,596.02. There are currently 343,278,303 shares in issue with the average daily volume traded being 1,187,886. Market capitalisation for LON:MCRO is £6,820,939,880 GBP.

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