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Micro Focus International plc 5.5% Potential Upside Indicated by Barclays Capital

Micro Focus International plc using EPIC/TICKER code (LON:MCRO) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Barclays Capital. Micro Focus International plc are listed in the Technology sector within UK Main Market. Barclays Capital have set their target price at 2000 GBX on its stock. This would imply the analyst believes there is now a potential upside of 5.5% from the opening price of 1895 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.5 points and increased 396.5 points respectively. The 52 week high for the stock is 2084 GBX while the 52 week low for the stock is 1131.5 GBX.

Micro Focus International plc has a 50 day moving average of 1,852.84 GBX and a 200 day moving average of 1,498.11. There are currently 410,386,596 shares in issue with the average daily volume traded being 1,561,776. Market capitalisation for LON:MCRO is £7,959,448,029 GBP.