Micro Focus International plc (MFGP) Reaches $18.25 After 7.00% Up Move; 3 Analysts Bullish Ares Commercial Real Estate (ACRE)

June 14, 2018 - By Steve Bissell

Among 7 analysts covering Ares Commercial Real Estate (NYSE:ACRE), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Ares Commercial Real Estate had 17 analyst reports since August 3, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Market Perform” rating in Friday, August 5 report. Bank of America downgraded the shares of ACRE in report on Thursday, December 15 to “Underperform” rating. The firm earned “Market Outperform” rating on Monday, August 7 by JMP Securities. The stock has “Outperform” rating by FBR Capital on Tuesday, November 22. The company was maintained on Friday, March 2 by Keefe Bruyette & Woods. Bank of America upgraded it to “Buy” rating and $13.5000 target in Wednesday, May 2 report. The stock of Ares Commercial Real Estate Corporation (NYSE:ACRE) has “Hold” rating given on Wednesday, June 7 by Keefe Bruyette & Woods. As per Tuesday, January 9, the company rating was maintained by FBR Capital. The rating was downgraded by Bank of America to “Hold” on Wednesday, May 23. The stock has “Hold” rating by Keefe Bruyette & Woods on Friday, October 6. See Ares Commercial Real Estate Corporation (NYSE:ACRE) latest ratings:

23/05/2018 Broker: Bank of America Rating: Hold Downgrade
02/05/2018 Broker: Bank of America Rating: Buy New Target: $13.5000 Upgrade
02/03/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $13.0 Maintain
09/01/2018 Broker: FBR Capital Rating: Buy New Target: $14.0 Maintain

The stock of Micro Focus International plc (NYSE:MFGP) is a huge mover today! The stock increased 1.78% or $0.32 during the last trading session, reaching $18.25. About 568,038 shares traded. Micro Focus International plc (NYSE:MFGP) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical MFGP News: ; 22/03/2018 – Micro Focus Named a Leader in Gartner’s 2018 Magic Quadrant for Application Security Testing; 29/05/2018 – The Klein Law Firm Notifies Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Micro Focus International plc (MFGP); 16/05/2018 – MICRO FOCUS INTERNATIONAL PLC MCRO.L – AT MIDPOINT OF REVENUE GUIDANCE RANGE, COMPANY EXPECTS TO ACHIEVE AN ADJUSTED EBITDA MARGIN PERCENTAGE OF APPROXIMATELY 37% IN 12 MONTHS TO 31 OCTOBER 2018; 18/05/2018 – UTIMACO – ANNOUNCED INTENT TO ACQUIRE ATALLA HSM AND ESKM BUSINESS LINES FROM MICRO FOCUS; 24/05/2018 – KASKELA LAW LLC: Important Deadline in Shareholder Class Action Lawsuit Against Micro Focus International plc – MFGP; 23/04/2018 – MICRO FOCUS: ELLIOTT HAS 5.10% EXPOSURE; 29/03/2018 – Micro Focus bosses buy after crash; 16/05/2018 – MICRO FOCUS INTERNATIONAL PLC MCRO.L – NET DEBT IS EXPECTED TO IMPROVE TO APPROXIMATELY $4.2 BLN BY 31 OCTOBER 2018, IN LINE WITH MARKET CONSENSUS; 18/05/2018 – UTIMACO: INTENT TO BUY ATALLA FROM MICRO FOCUS; 16/05/2018 – MICRO FOCUS INTERNATIONAL PLC MCRO.L – EXCLUDING THIS DEAL, GROUP’S UNDERLYING REVENUE WAS TOWARDS BETTER END OF GUIDANCE RANGEThe move comes after 5 months positive chart setup for the $7.95B company. It was reported on Jun, 14 by Barchart.com. We have $19.53 PT which if reached, will make NYSE:MFGP worth $556.43M more.

More notable recent Micro Focus International plc (NYSE:MFGP) news were published by: Prnewswire.com which released: “MFGP NOTICE: Rosen Law Firm Announces Securities Class Action Lawsuit Against Micro Focus International plc …” on June 11, 2018, also Businesswire.com with their article: “MFGP EQUITY ALERT: The Law Offices of Vincent Wong Reminds Investors of a Class Action Involving Micro Focus …” published on June 03, 2018, Businesswire.com published: “The Klein Law Firm Reminds Investors of a Class Action Commenced on Behalf of Micro Focus International plc …” on June 11, 2018. More interesting news about Micro Focus International plc (NYSE:MFGP) were released by: Globenewswire.com and their article: “MFGP SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of a Class Action Involving Micro …” published on June 01, 2018 as well as Globenewswire.com‘s news article titled: “MFGP LOSS NOTICE: Rosen Law Firm Reminds Investors of Important Deadline in Class Action Lawsuit Against Micro …” with publication date: May 24, 2018.

Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to federal, airlines, and healthcare industries in the United Kingdom, the United States, Germany, France, Japan, and internationally. The company has market cap of $7.95 billion. The firm operates through Micro Focus and SUSE divisions. It has a 27.69 P/E ratio. It provides software products in the areas of collaboration, endpoint management, file and networking services, identity and access management, information archiving, security management, terminal emulation, and software delivery and testing, as well as COBOL development and mainframe, and data center solutions.

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate loans and related investments in the United States. The company has market cap of $395.40 million. It provides a range of financing solutions for commercial real estate owners and operators. It has a 13 P/E ratio. The firm originates senior mortgage loans, as well as subordinate financings, mezzanine debt, and preferred equity.

Since March 7, 2018, it had 1 buying transaction, and 0 sales for $156,701 activity. 12,715 Ares Commercial Real Estate Corporation (NYSE:ACRE) shares with value of $156,701 were bought by Benjamin William Stephen.

The stock increased 1.39% or $0.19 during the last trading session, reaching $13.88. About 25,524 shares traded. Ares Commercial Real Estate Corporation (NYSE:ACRE) has risen 4.19% since June 14, 2017 and is uptrending. It has underperformed by 8.38% the S&P500. Some Historical ACRE News: ; 24/04/2018 – Ares Commercial Real Estate Corporation Appoints Edmond N. Moriarty, lll to its Board of Directors; 01/05/2018 – ARES COMMERCIAL 1Q ADJ EPS 33C, EST. 30C; 24/04/2018 – Ares Commercial Real Estate Corporation Appoints Edmond N. Moriarty, III to its Board of Directors; 25/04/2018 – Ares Commercial Real Estate Corporation Schedules Earnings Release for the First Quarter Ended March 31, 2018; 01/05/2018 – ARES COMMERCIAL 1Q EPS 33C; 28/03/2018 – Ares Commercial Non-Deal Roadshow Scheduled By KBW for Apr. 4; 22/03/2018 Analysis: Positioning to Benefit within Del Taco Restaurants, Myers Industries, Hawkins, Ares Commercial Real Estate, Powell In; 01/05/2018 – Ares Commercial Real Est 1Q EPS 33c; 24/04/2018 – Ares Comml Real Estate Corp Appoints Edmond N. Moriarty III to Its Bd of Directors; 23/05/2018 – Ares Commercial Real Estate Corporation to Present on a Panel at the Keefe, Bruyette & Woods 2018 Mortgage Finance & Asset

Another recent and important Ares Commercial Real Estate Corporation (NYSE:ACRE) news was published by Digitaljournal.com which published an article titled: “Ares Commercial Real Estate Corporation to Present on a Panel at the Keefe, Bruyette & Woods 2018 Mortgage …” on May 23, 2018.

Ares Commercial Real Estate Corporation (NYSE:ACRE) Ratings Chart

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