Verona Pharma Plc (VRP) Given Buy Rating at Jefferies Group LLC
Jefferies Group LLC reissued their buy rating on shares of Verona Pharma Plc (LON:VRP) in a research note released on Wednesday morning. Jefferies Group LLC currently has a GBX 250 ($3.29) target price on the stock.
Separately, N+1 Singer reaffirmed a buy rating on shares of Verona Pharma Plc in a report on Tuesday, November 7th. Five investment analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and a consensus price target of GBX 80.75 ($1.06).
Shares of Verona Pharma Plc (LON VRP) opened at GBX 120 ($1.58) on Wednesday. Verona Pharma Plc has a 1-year low of GBX 100 ($1.32) and a 1-year high of GBX 199.50 ($2.62).
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About Verona Pharma Plc
Verona Pharma plc is a United Kingdom-based clinical-stage biopharmaceutical company. The principal activity of the Company is the development of drugs for the treatment of chronic respiratory diseases, such as chronic obstructive pulmonary disease (COPD), asthma and cystic fibrosis. The Company’s product candidate, RPL554, is a dual inhibitor of the enzymes phosphodiesterase 3 and 4 (PDE3 and PDE4) that acts as both a bronchodilator and an anti-inflammatory agent in a single compound.
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