Beaufort Securities Reiterates Speculative Buy Rating for Motif Bio PLC (MTFB)
Motif Bio PLC (LON:MTFB)‘s stock had its “speculative buy” rating restated by equities research analysts at Beaufort Securities in a research note issued on Monday.
Separately, Northland Securities reaffirmed a “buy” rating and set a GBX 140 ($1.75) price target on shares of Motif Bio PLC in a report on Tuesday, August 9th.
Shares of Motif Bio PLC (LON:MTFB) opened at 23.75 on Monday. Motif Bio PLC has a 52 week low of GBX 23.25 and a 52 week high of GBX 68.25. The stock has a 50 day moving average price of GBX 42.49 and a 200-day moving average price of GBX 47.32. The stock’s market cap is GBX 25.79 million.
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Motif Bio PLC Company Profile
Motif Bio plc is a clinical-stage biopharmaceutical company. The Company is engaged in development of antibiotics, which are designed for treatment of infections caused by multi-drug resistant bacteria. It operates in the development and commercialization of pharmaceutical formulations segment. The Company is focused on development of its product, Iclaprim, for the treatment of the bacterial infections, such as acute bacterial skin and skin structure infections (ABSSSI) and hospital acquired bacterial pneumonia (HABP), including those caused by resistant strains, such as methicillin-resistant Staphylococcus aureus (MRSA) and multi-drug resistant Streptococcus pneumonia (MDRSP).
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