Motif Bio PLC (LON:MTFB) Given Buy Rating at Northland Securities
Other equities analysts have also recently issued research reports about the company. FinnCap reiterated a buy rating and set a GBX 125 ($1.62) price target on shares of Motif Bio PLC in a report on Tuesday, April 18th. Beaufort Securities reiterated a speculative buy rating and set a GBX 110 ($1.42) price target on shares of Motif Bio PLC in a report on Monday, June 5th.
Motif Bio PLC (LON:MTFB) traded down 0.83% during mid-day trading on Thursday, hitting GBX 29.75. The stock had a trading volume of 48,941 shares. The stock’s 50-day moving average is GBX 31.71 and its 200 day moving average is GBX 28.24. Motif Bio PLC has a 52 week low of GBX 21.44 and a 52 week high of GBX 68.25. The company’s market capitalization is GBX 58.28 million.
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About Motif Bio PLC
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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