Barclays reiterated their overweight rating on shares of Micro Focus International (LON:MCRO) in a research report released on Wednesday, December 20th. The stock of Micro Focus International plc (LON:MCRO) earned "Buy" rating by Numis Securities on Thursday, December 10. Canaccord Genuity reaffirmed a "buy" rating and issued a GBX 2,880 ($39.06) price objective on shares of Micro Focus International in a research note on Tuesday, November 28th. The stock of Micro Focus International plc (LON:MCRO) has "Buy" rating given on Wednesday, March 23 by Panmure Gordon. Citigroup reaffirmed a neutral rating and set a GBX 2,430 ($32.95) target price on shares of Micro Focus International in a research note on Thursday, September 7th.
Micro Focus International (LON:MCRO) opened at GBX 2,280 ($30.92) on Tuesday. The company now has an average rating of "Hold" and a consensus price target of GBX 2,551.20 ($34.60). Stockholders of record on Thursday, January 18th will be issued a dividend of GBX 25.63 ($0.35) per share. Micro Focus International has GBX 2900 highest and GBX 1230 lowest target. The company has market cap of 9.73 billion GBP. The ex-dividend date of this dividend is Thursday, January 18th. This represents a dividend yield of 1.16%. The company now has an average rating of "Hold" and a consensus target price of GBX 2,551.20 ($34.60). Deutsche Bank cut Micro Focus International to a hold rating and set a GBX 2,800 ($37.97) price target for the company.in a research report on Monday, November 27th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The firm acquired 40,000 shares of the company's stock, valued at approximately $1,276,000. The stock was purchased at an average price of GBX 2,257 ($30.61) per share, for a total transaction of £69,989.57 ($94,913.98).
WARNING: "Barclays Boosts Micro Focus International (MCRO) Price Target to GBX 2,750" was first published by The Lincolnian Online and is the property of of The Lincolnian Online.
Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to federal, airlines, and healthcare industries in the United Kingdom, the United States, Germany, France, Japan, and internationally. If you are reading this article on another domain, it was illegally stolen and reposted in violation of USA and global trademark & copyright legislation. It provides software products in the areas of collaboration, endpoint management, file and networking services, identity and access management, information archiving, security management, terminal emulation, and software delivery and testing, as well as COBOL development and mainframe, and data center solutions.