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A statement released earlier today by Numis about Micro Focus International PLC (LON:MCRO) maintains the target price at 2,150.00GBX

In an issued report on 8/04/2016 Numis held steady the target price of Micro Focus International PLC (LON:MCRO) at 2,150GBX indicating a possible upside of 0.13%.

On 7/26/2016, Canaccord Genuity reported about Micro Focus International PLC(LON:MCRO) bumped the target price from 0.00GBX to 1,700.00GBX. At the time, this indicated a possible downside of -0.11%.

Yesterday Micro Focus International PLC (LON:MCRO) traded 1.11% lower at 1,899.00GBX. MCRO’s 50-day average is 2,024.08GBX and its two hundred day moving average is 1,700.35GBX. With the last close up 25.68% from the two hundred day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. 1,347,292 shares of MCRO exchanged hands, up from ann avg. volume of 935,418.

Recent Performance Graph:

Micro Focus International PLC (LON:MCRO)

With a total market value of 0.0 GBX, Micro Focus International PLC has a P/E of 30 with a one-year low of 1,150.00GBX and a one-year high of 2,400.00GBX.

Also covering Micro Focus International PLC’s target price, a total of 12 firms have issued a ratings update on MCRO. The 12-month target is 21.95GBX with five analysts rating the stock a strong buy, three analysts rating the company a buy, three analyts rating the stock a hold, one firm rating the company to underperform, and finally one analystrating the stock as sell.

General Company Details For Micro Focus International PLC (LON:MCRO)

Micro Focus International plc is engaged in providing software to clients around the world. The Company operates through two segments: Micro Focus Product Portfolio and SUSE Product Portfolio. From within the Micro Focus Product Portfolio, the Company manages the corporate support functions of human resources, information technology, facilities, finance, legal and the project management office for acquisitions and integration. Micro Focus Product Portfolio includes Host Connectivity, Identity Access & Security, Development & IT Operations Management Tools, and Collaboration & Networking. SUSE provides and supports enterprise-grade Linux and Open Source solutions. The SUSE Product Portfolio comprises SUSE Linux Enterprise Server and Extensions, SUSE OpenStack Cloud, SUSE Enterprise Storage, SUSE Manager, and and SUSE Linux Enterprise Desktop and Workstation Extension. The Company has presence in approximately 40 countries around the world.

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