Midatech Pharma PLC (MTPH) Rating Reiterated by Panmure Gordon
Midatech Pharma PLC (LON:MTPH)‘s stock had its “buy” rating reaffirmed by research analysts at Panmure Gordon in a report issued on Wednesday. They currently have a GBX 380 ($4.96) price objective on the stock. Panmure Gordon’s target price would indicate a potential upside of 157.63% from the stock’s previous close.
Separately, N+1 Singer dropped their price objective on Midatech Pharma PLC from GBX 385 ($5.03) to GBX 300 ($3.92) and set a “buy” rating for the company in a research report on Wednesday, June 1st.
Shares of Midatech Pharma PLC (LON:MTPH) opened at 145.7502 on Wednesday. The stock’s market capitalization is GBX 48.89 million. Midatech Pharma PLC has a 1-year low of GBX 100.51 and a 1-year high of GBX 285.00. The company’s 50 day moving average is GBX 141.39 and its 200-day moving average is GBX 143.63.
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Midatech Pharma PLC Company Profile
Midatech Pharma PLC is an early-stage biopharmaceutical company that focuses on commercializing and developing products in oncology and other therapeutic areas. The Company’s segments include Pipeline Research and Development, and Commercial. The Pipeline Research and Development segment seeks to develop products using the nanomedicine and sustained release technology platforms.
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