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Micro Focus International plc 56.9% 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’ today 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 1950 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 56.9% from the opening price of 1242.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 127 points and decreased 41 points respectively. The 52 week high for the stock is 2970.5 GBX while the 52 week low for the share price is 26.78 GBX.

Micro Focus International plc has a 50 day moving average of 1,339.50 GBX and a 200 day moving average of 1,901.27. There are currently 436,349,408 shares in issue with the average daily volume traded being 2,531,949. Market capitalisation for LON:MCRO is £5,699,675,485 GBP.