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Micro Focus International plc 57.1% Potential Upside Indicated by UBS

Micro Focus International plc with EPIC/TICKER (LON:MCRO) has 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 2050 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 57.1% from today’s opening price of 1305 GBX. Over the last 30 and 90 trading days the company share price has decreased 208.5 points and decreased 171.5 points respectively. The 1 year high share price is 2970.5 GBX while the 52 week low for the share price is 782.2 GBX.

Micro Focus International plc has a 50 day moving average of 1,646.11 GBX and the 200 Day Moving Average price is recorded at 1,430.79. There are currently 436,262,624 shares in issue with the average daily volume traded being 1,868,791. Market capitalisation for LON:MCRO is £5,863,726,559 GBP.