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Micro Focus International PLC Add to portfolio

LON100:MCRO, Feb 21, 09:10 UTC

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Micro Focus International (LON:MCRO) Rating Lowered to Neutral at UBS Group – Enterprise Echo

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Micro Focus International (LON:MCRO) was downgraded by equities research analysts at UBS Group to a “neutral” rating in a research report issued to clients and investors on Thursday, ThisIsMoney.Co.Uk reports. They presently have a GBX 810 ($10.66) price objective on the stock, down from their prior price objective of GBX 1,530 ($20.13). Goldman Sachs Group reaffirmed a “neutral” rating and issued a GBX 1,200 ($15.79) price target (up previously from GBX 1,000 ($13.15)) on shares of Micro Focus International in a research note on Friday, January 24th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock.

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enterpriseecho.com
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Friday, February 07


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The Guru’s Bold Call That You Can’t Ignore: Micro Focus International plc (MFGP), Ciena Corporation (CIEN)

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Other indicators are hinting that the stock could reach an outstanding figure in the market share, which is currently set at 333.40M in the public float and 3.29B US dollars in market capitalization.Micro Focus International plc (MFGP) Technical Analysis. When it comes to the technical analysis of MFGP stock, there are more than several important indicators on the company’s success in the market, one of those being the Relative Strength Indicator (RSI), which can show, just as Stochastic measures, what is going on with the value of the stock beneath the data. The records showing the total in revenues marked the cap of +7.63%, which means that the revenues increased by +25.56% since the previous quarterly report.Ciena Corporation (CIEN) Intraday View. Based on the latest results, analysts are suggesting that the target price for CIEN stock should be $43.48 per share in the course of the next 12 months. Additionally, the current price showcases a discount of 26.31% when compared to the high consensus price target predicted by analysts.Ciena Corporation (CIEN) Intraday Trading.

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uspostnews.com
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Micro Focus International (NYSE:MFGP) Raised to Buy at ValuEngine – Riverton Roll

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One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. The business’s 50 day moving average is $13.91 and its two-hundred day moving average is $15.11. Ingalls & Snyder LLC now owns 494,602 shares of the company’s stock valued at $6,939,000 after acquiring an additional 34,704 shares in the last quarter. Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to small and medium size enterprises.

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rivertonroll.com
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Thursday, February 06


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Micro Focus International (NYSE:MFGP) Rating Increased to Buy at ValuEngine – Slater Sentinel

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Micro Focus International (NYSE:MFGP) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, ValuEngine reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. Micro Focus International has a twelve month low of $9.92 and a twelve month high of $27.32. Ingalls & Snyder LLC now owns 494,602 shares of the company’s stock worth $6,939,000 after acquiring an additional 34,704 shares during the last quarter.

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slatersentinel.com
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News

Micro Focus International plc 18.4% Potential Decrease Indicated by Credit Suisse

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Micro Focus International plc with EPIC/TICKER (LON:MCRO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. Micro Focus International plc are listed in the Technology sector within UK Main Market. This is indicating the analyst believes there is a potential downside of -18.4% from the opening price of 771.8 GBX. Micro Focus International plc has a 50 day moving average of 1,095.20 GBX and the 200 Day Moving Average price is recorded at 1,421.83.

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Wednesday, February 05


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Micro Focus International (LON:MCRO) Given “Equal weight” Rating at Barclays – Slater Sentinel

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Goldman Sachs Group raised shares of Micro Focus International to a neutral rating and lowered their target price for the stock from GBX 1,400 ($18.42) to GBX 1,000 ($13.15) in a research report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 1,332.38 ($17.53). Micro Focus International has a fifty-two week low of GBX 998 ($13.13) and a fifty-two week high of GBX 2,174.50 ($28.60).

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slatersentinel.com
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Tuesday, February 04


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Why Micro Focus International Stock Tanked Today

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Why Micro Focus International Stock Tanked Today | NASDAQ. What happened. Shares of Micro Focus International (NYSE: MFGP) have tanked today, down by 21% as of 12:20 p.m. EST, after the company reported preliminary results for the fiscal year that ended in October. The U.K.-based tech company had commenced a strategic review in August, and Micro Focus is taking a series of drastic steps in its ongoing turnaround efforts, including replacing Loosemore. Micro Focus has struggled to integrate Hewlett Packard Enterprise's software business following their 2017 merger, which included the controversial acquisition of Autonomy that HP had previously impaired. As part of the review, the company has decided to restructure itself around security and big data business segments.

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nasdaq.com
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Micro Focus Chair Steps Down As Results Fall Short...

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Micro Focus Chair Steps Down As Results Fall Short Of Estimates. Lock, who has more than 45 years of experience in the software and computer services industry, also has been a director of director of Informa PLC and UBM PLC, now part of Informa, in the past five years. For the 12 months ended October 31, 2019, the FTSE 250-listed company reported revenue of USD3.35 billion, down 29% from USD4.75 billion in the 18 months to October 31, 2018. Stephen Murdoch, chief executive of Micro Focus, said: "This has been a challenging year for Micro Focus and our overall financial performance fell short of expectations. As a result, we conducted a Strategic & Operational Review, which has identified the additional actions and changes required to deliver on the significant potential within the business. Successful execution of these actions, will position Micro Focus to deliver against our goal of consistent and sustained value creation for customers, shareholders and employees." The Berkshire, England-based company declared a final dividend per share of 58.33 cents per share, taking its total payout for the 12 months to 116.66 cents compared to 151.26 cents for the 18 month period. For financial 2020, Micro Focus predicts revenue to be 6% to 8% lower year-on-year on constant currency basis.

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morningstar.co.uk
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News

Micro Focus completes business review, chairman steps down

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Chairman Kevin Loosemore stepped down after 15 years in the role as the company posted a 30% drop in annual sales. Micro Focus International plc (LON:MCRO) has completed a business review and announced the departure of its chairman after a dismal year that saw it demoted from the FTSE 100. The now FTSE 250-listed software group has made changes to its portfolio that will cost between US$70mln and US$80mln in each of the next two financial years. Chairman Kevin Loosemore’s departure, meanwhile, follows 15 years in the role.

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Saturday, February 01


News

Micro Focus International PLC – (NYSE:MFGP) Given Average Rating of “Hold” by Analysts – Riverton Roll

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Micro Focus International PLC – (NYSE:MFGP) has received a consensus recommendation of “Hold” from the six research firms that are presently covering the company, MarketBeat.com reports. Finally, Goldman Sachs Group raised shares of Micro Focus International from a “sell” rating to a “neutral” rating in a research note on Monday, November 4th. Micro Focus International has a 1-year low of $12.50 and a 1-year high of $27.32. Tower Research Capital LLC TRC now owns 6,437 shares of the company’s stock worth $91,000 after acquiring an additional 2,825 shares in the last quarter.

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rivertonroll.com
Topics:
  • Business
  • Financial