Motif (LON:MTFB)‘s stock had its “buy” rating reaffirmed by Northland Securities in a research note issued to investors on Friday.
Several other research analysts have also weighed in on the company. Northland Capital Partners reaffirmed a “buy” rating and issued a GBX 115 ($1.56) target price on shares of Motif in a research report on Friday, May 4th. Peel Hunt reaffirmed a “buy” rating on shares of Motif in a research report on Tuesday, May 1st. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 109.20 ($1.48).
Shares of Motif stock opened at GBX 32.70 ($0.44) on Friday. Motif has a fifty-two week low of GBX 23.50 ($0.32) and a fifty-two week high of GBX 51.75 ($0.70).
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.
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