Research Analysts Set Expectations for Can-Fite BioPharma Ltd.’s FY2017 Earnings (CANF)

Can-Fite BioPharma Ltd. (NYSEAMERICAN:CANF) – Research analysts at Zacks Investment Research increased their FY2017 earnings estimates for Can-Fite BioPharma in a research report issued to clients and investors on Wednesday. Zacks Investment Research analyst G. Zeng now anticipates that the biotechnology company will post earnings of ($0.59) per share for the year, up from their prior estimate of ($0.62).

CANF has been the subject of a number of other reports. Maxim Group restated a “buy” rating and issued a $7.00 target price on shares of Can-Fite BioPharma in a research note on Friday, September 1st. HC Wainwright set a $6.00 target price on Can-Fite BioPharma and gave the company a “buy” rating in a research note on Thursday, August 10th. Finally, ValuEngine lowered Can-Fite BioPharma from a “sell” rating to a “strong sell” rating in a research note on Thursday, September 7th.

Can-Fite BioPharma (CANF) opened at $1.44 on Monday. Can-Fite BioPharma has a 1-year low of $1.31 and a 1-year high of $2.67.

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About Can-Fite BioPharma

Can Fite Biofarma Ltd is an Israel-based biopharmaceutical company. The Company develops new treatments for autoimmune diseases and cancer. The Company’s drugs are CF101 for Psoriasis treatment, RA treatment, for the treatment of Keratoconjunctictivitis Sicca, for the treatment of Glaucoma, among others; and CF102 for the treatment of liver diseases.

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