Peel Hunt Reaffirms “Buy” Rating for Motif Bio (MTFB)

Peel Hunt restated their buy rating on shares of Motif Bio (LON:MTFB) in a report issued on Wednesday. The firm currently has a GBX 107 ($1.45) price target on the stock.

Several other brokerages have also commented on MTFB. Northland Securities restated a buy rating on shares of Motif Bio in a research note on Thursday, October 5th. FinnCap reiterated a buy rating and issued a GBX 100 ($1.36) target price on shares of Motif Bio in a research note on Wednesday, October 4th. Finally, Beaufort Securities reiterated a speculative buy rating and issued a GBX 110 ($1.49) target price on shares of Motif Bio in a research note on Thursday, November 16th.

Shares of Motif Bio (LON:MTFB) traded up GBX 0.35 ($0.00) on Wednesday, hitting GBX 41.10 ($0.56). 608,849 shares of the stock traded hands, compared to its average volume of 886,306. Motif Bio has a 52 week low of GBX 22.50 ($0.31) and a 52 week high of GBX 51.75 ($0.70). The firm has a market cap of $108.06 and a price-to-earnings ratio of -152.22.

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Motif Bio 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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