Micro Focus International (LON:MCRO)‘s stock had its “buy” rating reiterated by research analysts at UBS Group in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.
A number of other equities analysts also recently commented on MCRO. Citigroup raised shares of Welbilt from a “neutral” rating to a “buy” rating and raised their target price for the company from $17.00 to $19.00 in a research note on Wednesday. Barclays raised their target price on shares of from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the company an “overweight” rating in a research note on Monday, July 8th. JPMorgan Chase & Co. set a $60.00 price target on shares of Bayerische Motoren Werke and gave the stock a “sell” rating in a research note on Monday, April 8th. Goldman Sachs Group set a $27.00 price target on shares of Melco Resorts & Entertainment and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Finally, Numis Securities reaffirmed a “buy” rating on shares of 3i Group in a research note on Thursday, May 16th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 1,887 ($24.66).
Shares of MCRO stock opened at GBX 1,763.80 ($23.05) on Thursday. The company has a fifty day simple moving average of GBX 1,988.70. Micro Focus International has a 52 week low of GBX 1,131.50 ($14.79) and a 52 week high of GBX 2,174.50 ($28.41). The company has a debt-to-equity ratio of 60.22, a quick ratio of 0.76 and a current ratio of 1.25. The stock has a market cap of $6.06 billion and a P/E ratio of 13.48.
Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to small and medium size enterprises. The company offers infrastructure software products that are managed on an investment portfolio. Its product portfolio includes application modernization and connectivity, application delivery management, and IT operations management, as well as security, information management, and Governance.
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