BIOFRONTERA AG/ADR (NASDAQ:BFRA) PT Lowered to $21.00

BIOFRONTERA AG/ADR (NASDAQ:BFRA) had its price target trimmed by Lake Street Capital from $24.00 to $21.00 in a report released on Wednesday, The Fly reports. The brokerage currently has a buy rating on the stock.

Separately, Benchmark reissued a buy rating on shares of BIOFRONTERA AG/ADR in a research report on Tuesday, March 26th.

NASDAQ:BFRA opened at $17.25 on Wednesday. BIOFRONTERA AG/ADR has a 1-year low of $11.04 and a 1-year high of $18.32. The business has a 50-day simple moving average of $16.73. The company has a quick ratio of 3.38, a current ratio of 3.84 and a debt-to-equity ratio of 1.56.

BIOFRONTERA AG/ADR (NASDAQ:BFRA) last released its quarterly earnings results on Wednesday, May 29th. The company reported ($0.14) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.17) by $0.03. The business had revenue of $7.73 million during the quarter. BIOFRONTERA AG/ADR had a negative net margin of 62.81% and a negative return on equity of 95.81%.

BIOFRONTERA AG/ADR Company Profile

Biofrontera AG, a biopharmaceutical company, engages in the development and commercialization pharmaceutical products for the treatment of dermatological conditions and diseases caused primarily by exposure to sunlight that result in sun damage to the skin. Its principal product is Ameluz, a prescription drug for the treatment of actinic keratosis.

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