Northland Securities Reiterates “Buy” Rating for Motif Bio PLC (LON:MTFB)

Motif Bio PLC (LON:MTFB)‘s stock had its “buy” rating restated by analysts at Northland Securities in a research report issued to clients and investors on Thursday.

Several other equities research analysts also recently commented on the company. FinnCap reduced their price objective on Motif Bio PLC from GBX 125 ($1.62) to GBX 100 ($1.30) and set a “buy” rating for the company in a report on Wednesday, June 7th. Beaufort Securities reiterated a “speculative buy” rating and issued a GBX 110 ($1.42) price objective on shares of Motif Bio PLC in a report on Monday, June 5th.

Motif Bio PLC (MTFB) opened at 29.75 on Thursday. The stock’s market capitalization is GBX 58.28 million. The company has a 50 day moving average of GBX 31.71 and a 200-day moving average of GBX 28.24. Motif Bio PLC has a one year low of GBX 21.44 and a one year high of GBX 68.25.

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Motif Bio PLC Company Profile

Motif Bio plc is a clinical-stage biopharmaceutical company. The Company is engaged in development of antibiotics, which are designed for treatment of infections caused by multi-drug resistant bacteria. It operates in the development and commercialization of pharmaceutical formulations segment. The Company is focused on development of its product, Iclaprim, for the treatment of the bacterial infections, such as acute bacterial skin and skin structure infections (ABSSSI) and hospital acquired bacterial pneumonia (HABP), including those caused by resistant strains, such as methicillin-resistant Staphylococcus aureus (MRSA) and multi-drug resistant Streptococcus pneumonia (MDRSP).

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