Micro Focus International plc 26.3% Potential Upside Indicated by Barclays Capital

Broker Ratings
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Micro Focus International plc using EPIC/TICKER code (LON:MCRO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Barclays Capital. Micro Focus International plc are listed in the Technology sector within UK Main Market. Barclays Capital have set a target price of 420 GBX on its stock. This would imply the analyst believes there is now a potential upside of 26.3% from the opening price of 332.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 146.8 points and decreased 137.7 points respectively. The 1 year high for the stock price is 1787 GBX while the year low share price is currently 291 GBX.

Micro Focus International plc has a 50 day moving average of 463.82 GBX and a 200 day moving average of 774.26. There are currently 334,656,615 shares in issue with the average daily volume traded being 3,557,841. Market capitalisation for LON:MCRO is £1,125,115,580 GBP.

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