Midatech Pharma PLC (MTPH) Given Buy Rating at N+1 Singer
Separately, Panmure Gordon restated a buy rating and set a GBX 380 ($4.96) target price on shares of Midatech Pharma PLC in a research note on Friday.
Shares of Midatech Pharma PLC (LON:MTPH) traded up 2.01% during midday trading on Friday, hitting GBX 127.00. 3,522 shares of the stock were exchanged. The company’s market capitalization is GBX 42.60 million. The firm has a 50-day moving average of GBX 145.06 and a 200-day moving average of GBX 141.57. Midatech Pharma PLC has a 1-year low of GBX 100.51 and a 1-year high of GBX 285.00.
About Midatech Pharma PLC
Midatech Pharma PLC is an early-stage biopharmaceutical company that focuses on commercializing and developing products in oncology and other therapeutic areas. The Company’s segments include Pipeline Research and Development, and Commercial. The Pipeline Research and Development segment seeks to develop products using the nanomedicine and sustained release technology platforms.
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