Micro Focus International plc 9.7% Potential Upside Indicated by Goldman Sachs

Broker Ratings

Micro Focus International plc with EPIC/TICKER (LON:MCRO) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ today 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 1200 GBX on its stock. This would imply the analyst believes there is now a potential upside of 9.7% from today’s opening price of 1094.2 GBX. Over the last 30 and 90 trading days the company share price has increased 15.4 points and increased 63 points respectively. The 1 year high for the stock price is 2174.5 GBX while the 52 week low for the stock is 998 GBX.

Micro Focus International plc has a 50 day moving average of 1,107.52 GBX and the 200 Day Moving Average price is recorded at 1,459.54. There are currently 333,395,894 shares in issue with the average daily volume traded being 991,900. Market capitalisation for LON:MCRO is £3,672,022,457 GBP.

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