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Micro Focus International plc 39.2% Potential Upside Indicated by UBS

Micro Focus International plc with EPIC/TICKER (LON:MCRO) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ this morning by analysts at UBS. Micro Focus International plc are listed in the Technology sector within UK Main Market. UBS have set a target price of 1530 GBX on its stock. This is indicating the analyst believes there is a potential upside of 39.2% from today’s opening price of 1099.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 550.8 points and decreased 806.8 points respectively. The 52 week high for the stock is 2174.5 GBX while the 52 week low for the share price is 1026.6 GBX.

Micro Focus International plc has a 50 day moving average of 1,758.84 GBX and a 200 Day Moving Average share price is recorded at 1,763.92. There are currently 338,617,398 shares in issue with the average daily volume traded being 1,590,168. Market capitalisation for LON:MCRO is £3,680,771,116 GBP.