Micro Focus International (NYSE:MFGP) was downgraded by Goldman Sachs Group from a “neutral” rating to a “sell” rating in a note issued to investors on Tuesday, MarketBeat Ratings reports.
MFGP has been the topic of a number of other reports. Barclays set a $14.00 price target on shares of Vale and gave the company a “buy” rating in a report on Friday, April 12th. Citigroup set a $20.00 price target on shares of Compania de Minas Buenaventura SAA and gave the company a “buy” rating in a report on Thursday, April 4th. Finally, Zacks Investment Research cut shares of Gold Resource from a “hold” rating to a “sell” rating in a report on Friday, June 21st. Four investment analysts have rated the stock with a sell rating and one has assigned a hold rating to the company’s stock. The company has an average rating of “Sell” and a consensus price target of $26.19.
NYSE:MFGP opened at $20.90 on Tuesday. Micro Focus International has a fifty-two week low of $14.73 and a fifty-two week high of $27.32. The firm has a 50-day moving average price of $24.67.
Micro Focus International Company Profile
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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