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