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Micro Focus International plc 4.7% Potential Decrease Indicated by Goldman Sachs

Micro Focus International plc with EPIC/TICKER (LON:MCRO) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. Micro Focus International plc are listed in the Technology sector within UK Main Market. Goldman Sachs have set a target price of 1000 GBX on its stock. This now indicates the analyst believes there is a potential downside of -4.7% from the opening price of 1049.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 0.2 points and decreased 625.2 points respectively. The 1 year high for the share price is 2174.5 GBX while the year low stock price is currently 998 GBX.

Micro Focus International plc has a 50 day moving average of 1,134.78 GBX and a 200 day moving average of 1,677.14. There are currently 333,382,423 shares in issue with the average daily volume traded being 1,791,900. Market capitalisation for LON:MCRO is £3,401,834,325 GBP.