Micro Focus International plc 12.7% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Micro Focus International plc using EPIC/TICKER code (LON:MCRO) has had its stock rating noted as ‘Unchanged’ 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 their target price at 345 GBX on its stock. This indicates the analyst now believes there is a potential upside of 12.7% from today’s opening price of 306 GBX. Over the last 30 and 90 trading days the company share price has decreased 159 points and decreased 66.3 points respectively. The 1 year high for the stock price is 1787 GBX while the 52 week low for the stock is 291 GBX.

Micro Focus International plc has a 50 day moving average of 448.14 GBX and the 200 Day Moving Average price is recorded at 755.10. There are currently 334,656,615 shares in issue with the average daily volume traded being 2,499,073. Market capitalisation for LON:MCRO is £987,069,011 GBP.

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