Micro Focus International plc (MCRO) Rating Reiterated by Numis Securities Ltd

Numis Securities Ltd restated their buy rating on shares of Micro Focus International plc (LON:MCRO) in a report issued on Friday, September 8th. The brokerage currently has a GBX 2,800 ($37.65) price target on the stock.

Other research analysts also recently issued reports about the company. Barclays PLC restated an overweight rating and set a GBX 2,600 ($34.97) target price on shares of Micro Focus International plc in a research note on Friday, June 2nd. Investec reissued a hold rating and issued a GBX 2,150 ($28.91) price objective on shares of Micro Focus International plc in a report on Thursday, July 13th. Canaccord Genuity boosted their price objective on Micro Focus International plc from GBX 2,700 ($36.31) to GBX 2,880 ($38.73) and gave the company a buy rating in a report on Thursday, May 11th. Credit Suisse Group reissued an underperform rating and issued a GBX 1,921 ($25.83) price objective on shares of Micro Focus International plc in a report on Wednesday, August 30th. Finally, Deutsche Bank AG reissued a buy rating and issued a GBX 2,900 ($39.00) price objective on shares of Micro Focus International plc in a report on Friday, June 2nd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. Micro Focus International plc has a consensus rating of Hold and an average target price of GBX 2,488.10 ($33.46).

TRADEMARK VIOLATION NOTICE: “Micro Focus International plc (MCRO) Rating Reiterated by Numis Securities Ltd” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/09/25/micro-focus-in

Other research analysts also recently issued reports about the company. Barclays PLC restated an overweight rating and set a GBX 2,600 ($34.97) target price on shares of Micro Focus International plc in a research note on Friday, June 2nd. Investec reissued a hold rating and issued a GBX 2,150 ($28.91) price objective on shares of Micro Focus International plc in a report on Thursday, July 13th. Canaccord Genuity boosted their price objective on Micro Focus International plc from GBX 2,700 ($36.31) to GBX 2,880 ($38.73) and gave the company a buy rating in a report on Thursday, May 11th. Credit Suisse Group reissued an underperform rating and issued a GBX 1,921 ($25.83) price objective on shares of Micro Focus International plc in a report on Wednesday, August 30th. Finally, Deutsche Bank AG reissued a buy rating and issued a GBX 2,900 ($39.00) price objective on shares of Micro Focus International plc in a report on Friday, June 2nd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. Micro Focus International plc has a consensus rating of Hold and an average target price of GBX 2,488.10 ($33.46).

TRADEMARK VIOLATION NOTICE: “Micro Focus International plc (MCRO) Rating Reiterated by Numis Securities Ltd” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://ledgergazette.com/2017/09/25/micro-focus-international-plc-mcro-earns-buy-rating-from-numis-securities-ltd.html.

In other news, insider Kevin Loosemore acquired 49,000 shares of the business’s stock in a transaction on Tuesday, July 18th. The stock was bought at an average cost of GBX 2,171 ($29.20) per share, for a total transaction of £1,063,790 ($1,430,594.41).

About Micro Focus International plc

Micro Focus International plc is a United Kingdom-based global software company. The Company is engaged in delivering and supporting software solutions. The Company enables customers to utilize new technology solutions while maximizing the value of their investments in information technology (IT) infrastructure and business applications.

Analyst Recommendations for Micro Focus International plc (LON:MCRO)

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