Micro Focus International plc 15% Potential Decrease Indicated by Credit Suisse

Broker Ratings
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Micro Focus International plc using EPIC/TICKER code (LON:MCRO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Credit Suisse. Micro Focus International plc are listed in the Technology sector within UK Main Market. Credit Suisse have set a target price of 380 GBX on its stock. This indicates the analyst believes there is a potential downside of -15.0% from the opening price of 447.1 GBX. Over the last 30 and 90 trading days the company share price has increased 53.8 points and decreased 354.2 points respectively. The 1 year high for the share price is 2174.5 GBX while the 52 week low for the share price is 291 GBX.

Micro Focus International plc has a 50 day moving average of 437.32 GBX and a 200 day moving average of 925.39. There are currently 334,646,413 shares in issue with the average daily volume traded being 2,561,448. Market capitalisation for LON:MCRO is £1,399,491,340 GBP.

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