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

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

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

Shares of BFRA stock opened at $17.25 on Wednesday. The company has a fifty day moving average price of $16.73. The company has a debt-to-equity ratio of 1.56, a quick ratio of 3.38 and a current ratio of 3.84. BIOFRONTERA AG/ADR has a fifty-two week low of $11.04 and a fifty-two week high of $18.32.

BIOFRONTERA AG/ADR (NASDAQ:BFRA) last announced its quarterly earnings data on Wednesday, May 29th. The company reported ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.03. The company had revenue of $7.73 million for the quarter. BIOFRONTERA AG/ADR had a negative return on equity of 95.81% and a negative net margin of 62.81%.

About BIOFRONTERA AG/ADR

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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