Home » Reports » Broker Ratings » Micro Focus International plc 18.4% Potential Decrease Indicated by Credit Suisse

Micro Focus International plc 18.4% Potential Decrease Indicated by Credit Suisse

Micro Focus International plc with EPIC/TICKER (LON:MCRO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. Micro Focus International plc are listed in the Technology sector within UK Main Market. Credit Suisse have set their target price at 630 GBX on its stock. This is indicating the analyst believes there is a potential downside of -18.4% from the opening price of 771.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 331 points and decreased 294.6 points respectively. The 1 year high for the stock price is 2174.5 GBX while the 52 week low is 732.1 GBX.

Micro Focus International plc has a 50 day moving average of 1,095.20 GBX and the 200 Day Moving Average price is recorded at 1,421.83. There are currently 333,416,851 shares in issue with the average daily volume traded being 1,124,055. Market capitalisation for LON:MCRO is £2,556,617,377 GBP.

Join us on our new LinkedIn page

Follow us on LinkedIn