Motif Bio (NASDAQ:MTFB) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued on Friday, February 2nd.
Several other equities analysts have also recently issued reports on the company. WBB Securities assumed coverage on Motif Bio in a research report on Friday, December 29th. They set a “sell” rating and a $7.00 target price on the stock. Seaport Global Securities reiterated a “buy” rating on shares of Motif Bio in a research report on Friday, December 22nd. Finally, HC Wainwright set a $32.00 price target on Motif Bio and gave the stock a “buy” rating in a report on Wednesday, October 11th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $21.33.
Motif Bio (NASDAQ:MTFB) traded down $0.18 during midday trading on Friday, reaching $10.12. The company’s stock had a trading volume of 3,700 shares, compared to its average volume of 3,641. Motif Bio has a 52 week low of $5.80 and a 52 week high of $13.75.
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Motif Bio Company Profile
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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