Micro Focus International plc 17.4% Potential Upside Indicated by UBS

Broker Ratings

Micro Focus International plc using EPIC/TICKER code (LON:MCRO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at UBS. Micro Focus International plc are listed in the Technology sector within UK Main Market. UBS have set their target price at 350 GBX on its stock. This would imply the analyst believes there is now a potential upside of 17.4% from the opening price of 298 GBX. Over the last 30 and 90 trading days the company share price has decreased 130.2 points and decreased 94.4 points respectively. The 52 week high share price is 1787 GBX while the 52 week low for the stock is 277.9 GBX.

Micro Focus International plc has a 50 day moving average of 430.08 GBX and a 200 day moving average of 729.56. There are currently 334,656,615 shares in issue with the average daily volume traded being 2,419,336. Market capitalisation for LON:MCRO is £943,731,654 GBP.

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