HC Wainwright Raises Motif Bio Plc (MTFB) Price Target to $32.00
Motif Bio Plc (NASDAQ:MTFB) had its price objective increased by stock analysts at HC Wainwright to $32.00 in a research note issued on Wednesday, The Fly reports. The brokerage currently has a “buy” rating on the stock. HC Wainwright’s target price suggests a potential upside of 216.55% from the stock’s previous close.
Separately, Zacks Investment Research upgraded shares of Motif Bio Plc from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th.
Motif Bio Plc (NASDAQ MTFB) opened at 10.109 on Wednesday. The stock has a 50 day moving average price of $8.75 and a 200-day moving average price of $8.75. The stock’s market cap is $132.86 million. Motif Bio Plc has a 12 month low of $5.25 and a 12 month high of $10.63.
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