Motif Bio’s (MTFB) Buy Rating Reaffirmed at Northland Securities
Motif Bio (LON:MTFB)‘s stock had its “buy” rating reaffirmed by stock analysts at Northland Securities in a research report issued on Wednesday.
Several other equities analysts also recently commented on the company. Peel Hunt reiterated a “buy” rating on shares of Motif Bio in a research note on Wednesday. Northland Capital Partners reiterated a “buy” rating on shares of Motif Bio in a research note on Monday, June 11th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 109.40 ($1.42).
Motif Bio stock opened at GBX 31.61 ($0.41) on Wednesday. Motif Bio has a 12 month low of GBX 23.50 ($0.30) and a 12 month high of GBX 51.75 ($0.67).
Motif Bio plc, a clinical stage biopharmaceutical company, develops and commercializes pharmaceutical formulations in the United States. The company develops novel antibiotics for the treatment of serious and life-threatening infections caused by multi-drug resistant bacteria. Its lead product candidate is iclaprim, a novel antibiotic that is in Phase III clinical trials to treat bacterial infections, such as acute bacterial skin and skin structure infections, and hospital-acquired bacterial pneumonia caused by methicillin-resistant staphylococcus aureus, as well as to treat lung infections caused by Staphylococcus aureus in patients with cystic fibrosis.
See Also: Book Value Per Share – BVPS
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