MOTIF BIO PLC/S (MTFB) Raised to Buy at ValuEngine
ValuEngine upgraded shares of MOTIF BIO PLC/S (NASDAQ:MTFB) from a hold rating to a buy rating in a research report released on Wednesday.
Separately, HC Wainwright set a $32.00 price target on shares of MOTIF BIO PLC/S and gave the company a buy rating in a research note on Tuesday, August 14th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The company has an average rating of Buy and an average price target of $19.50.
Shares of NASDAQ MTFB opened at $6.08 on Wednesday. MOTIF BIO PLC/S has a 12-month low of $5.92 and a 12-month high of $11.52.
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.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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