-28.18 % to Target, Credit Suisse Reconfirms ‘”Underperform”’ Rating on Micro Focus International (LON:MCRO) Shares Today

November 21, 2017 - By Marie Mckinney

Micro Focus International (LON:MCRO) Rating Reaffirmed

London: In an analyst note revealed to investors on Monday, 20 November, Credit Suisse kept their “Underperform” rating on Micro Focus International (LON:MCRO) shares. They now have a GBX 1942.00 price target on the firm. Credit Suisse’s target suggests a potential downside of -28.18 % from the company’s stock close price.

Micro Focus International plc (LON:MCRO) Ratings Coverage

Among 16 analysts covering Micro Focus International (LON:MCRO), 8 have Buy rating, 3 Sell and 5 Hold. Therefore 50% are positive. Micro Focus International has GBX 2900 highest and GBX 1230 lowest target. GBX 2235.56’s average target is -17.69% below currents GBX 2716 stock price. Micro Focus International had 116 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Micro Focus International plc (LON:MCRO) earned “Buy” rating by Canaccord Genuity on Thursday, May 11. As per Friday, January 8, the company rating was maintained by Barclays Capital. The rating was maintained by Barclays Capital with “Overweight” on Thursday, April 14. The company was maintained on Wednesday, October 28 by Canaccord Genuity. Liberum Capital initiated Micro Focus International plc (LON:MCRO) on Wednesday, August 19 with “Hold” rating. JP Morgan reinitiated it with “Neutral” rating and GBX 2700 target in Monday, October 16 report. Peel Hunt maintained the stock with “Buy” rating in Thursday, September 15 report. The rating was maintained by Numis Securities on Monday, December 7 with “Buy”. The firm has “Buy” rating given on Friday, September 11 by Panmure Gordon. The stock of Micro Focus International plc (LON:MCRO) earned “Buy” rating by Panmure Gordon on Friday, February 5.

About 178,690 shares traded. Micro Focus International plc (LON:MCRO) has 0.00% since November 21, 2016 and is . It has underperformed by 16.70% the S&P500.

Micro Focus International plc is a United Kingdom global software company. The company has market cap of 11.80 billion GBP. The Firm is engaged in delivering and supporting software solutions. It has a 50.06 P/E ratio. The Firm enables clients to utilize new technology solutions while maximizing the value of their investments in information technology infrastructure and business applications.

More notable recent Micro Focus International plc (LON:MCRO) news were published by: Gurufocus.com which released: “Donald Yacktman Buys Unilever NV, Infosys, Micro Focus International PLC …” on November 03, 2017, also Gurufocus.com with their article: “Meyer Handelman Co Buys DowDuPont Inc, Micro Focus International PLC, Cigna …” published on October 25, 2017, Nasdaq.com published: “High Pointe Capital Management Llc Buys Progressive Corp, Micro Focus …” on November 03, 2017. More interesting news about Micro Focus International plc (LON:MCRO) were released by: Nasdaq.com and their article: “Dodge & Cox Buys Eli Lilly and Co, Micro Focus International PLC, Gilead …” published on November 14, 2017 as well as Seekingalpha.com‘s news article titled: “Another Milestone In Micro Focus’ History” with publication date: November 07, 2017.

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