Verona Pharma (VRP) Earns “Buy” Rating from Jefferies Group

Jefferies Group reaffirmed their buy rating on shares of Verona Pharma (LON:VRP) in a research report released on Friday morning.

Separately, N+1 Singer lifted their price target on Verona Pharma from GBX 327 ($4.59) to GBX 348 ($4.88) and gave the stock a strong-buy rating in a research report on Wednesday, March 21st. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Verona Pharma currently has a consensus rating of Buy and a consensus target price of GBX 134.20 ($1.88).

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Shares of Verona Pharma stock remained flat at $GBX 175 ($2.46) during trading on Friday. The stock had a trading volume of 16,971 shares, compared to its average volume of 49,797. Verona Pharma has a 52-week low of GBX 100 ($1.40) and a 52-week high of GBX 189 ($2.65).

Verona Pharma (LON:VRP) last issued its quarterly earnings results on Tuesday, February 27th. The company reported GBX (23.40) (($0.33)) EPS for the quarter, topping the Zacks’ consensus estimate of GBX (26.10) (($0.37)) by GBX 2.70 ($0.04).

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Verona Pharma Company Profile

Verona Pharma plc, a clinical stage biopharmaceutical company, develops and commercializes therapeutics to treat respiratory diseases. The company's product candidate is RPL554, an inhaled dual inhibitor of the enzymes phosphodiesterase 3 and 4, which has completed Phase I and IIa clinical trials that acts as a bronchodilator and an anti-inflammatory agent for the treatment of chronic obstructive pulmonary disease and cystic fibrosis.

Analyst Recommendations for Verona Pharma (LON:VRP)

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