Benchmark Co. analyst Bruce Jackson maintained a Buy rating on Biofrontera today and set a price target of $3.00. The company’s shares closed yesterday at $1.04.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Jackson is an analyst with an average return of -17.5% and a 32.67% success rate. Jackson covers the Healthcare sector, focusing on stocks such as Harvard Bioscience, Biofrontera, and Belite Bio, Inc. ADR.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Biofrontera with a $2.00 average price target.
BFRI market cap is currently $10.88M and has a P/E ratio of -0.48.
Read More on BFRI:
Disclaimer & DisclosureReport an Issue
- Biofrontera Inc. price target lowered to $9 from $10 at Roth Capital
- Biofrontera Approves Key Proposals at Special Meeting
- Biofrontera says last patient completes treatment in Phase 3 study of Ameluz
- Biofrontera, Inc. Reports Record Sales Amid Strategic Growth
- Biofrontera announces last-patient-out in Phase 2b study of Ameluz topical gel