Forward Pharma A/S (FWP) Stock Rating Upgraded by ValuEngine
Forward Pharma A/S (NASDAQ:FWP) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.
FWP has been the topic of several other reports. BidaskClub upgraded shares of Forward Pharma A/S from a “hold” rating to a “buy” rating in a research note on Thursday, August 10th. Zacks Investment Research cut shares of Forward Pharma A/S from a “buy” rating to a “hold” rating in a research note on Tuesday, November 28th. Finally, Jefferies Group reiterated a “hold” rating and issued a $6.00 target price (up from $5.00) on shares of Forward Pharma A/S in a research note on Wednesday, September 27th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Forward Pharma A/S has a consensus rating of “Hold” and an average price target of $17.00.
Shares of Forward Pharma A/S (NASDAQ:FWP) traded up $0.03 during mid-day trading on Friday, hitting $4.14. 15,056 shares of the company were exchanged, compared to its average volume of 32,529. Forward Pharma A/S has a 12 month low of $4.02 and a 12 month high of $33.00.
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About Forward Pharma A/S
Forward Pharma A/S is a clinical-stage biopharmaceutical company. The Company is engaged in the development of FP187, a formulation of dimethyl fumarate (DMF) for the treatment of several inflammatory and neurological indications, including multiple sclerosis (MS). The Company’s clinical candidate, FP187, is under development for the treatment of relapsing remitting MS (RRMS) and other immune disorders, such as psoriasis.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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