B.Riley Financial analyst Mayank Mamtani reiterated a Buy rating on TFF Pharmaceuticals (TFFP) today and set a price target of $36.00. The company’s shares closed last Friday at $16.70.
According to TipRanks.com, Mamtani is a top 100 analyst with an average return of 43.5% and a 63.5% success rate. Mamtani covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Spectrum Pharmaceuticals, and Madrigal Pharmaceuticals.
Currently, the analyst consensus on TFF Pharmaceuticals is a Strong Buy with an average price target of $28.33, which is a 63.8% upside from current levels. In a report issued on February 8, H.C. Wainwright also initiated coverage with a Buy rating on the stock with a $31.00 price target.
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TFF Pharmaceuticals’ market cap is currently $387.4M and has a P/E ratio of -3.10. The company has a Price to Book ratio of 9.05.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TFFP in relation to earlier this year.
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TFF Pharmaceuticals, Inc. operates as an early-stage biopharmaceutical company. It develops and commercializes drug products based on its Thin film Freezing (TFF) technology platform. The firm also engages in research, development & drug formulation and initial testing of drug products. The company was founded in 2005 and is headquartered in Toronto, Canada.
