Brokerages Set $31.50 Price Target for Motif Bio plc – (MTFB)
Shares of Motif Bio plc – (NASDAQ:MTFB) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokers have set a twelve-month consensus target price of $31.50 for the company, according to Zacks. Zacks has also assigned Motif Bio an industry rank of 101 out of 265 based on the ratings given to its competitors.
Separately, HC Wainwright set a $32.00 price target on Motif Bio and gave the company a “buy” rating in a research report on Wednesday, October 11th.
Motif Bio (NASDAQ MTFB) opened at $9.34 on Friday. Motif Bio has a twelve month low of $5.36 and a twelve month high of $13.75.
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