Destiny Pharma (DEST) Receives “Corporate” Rating from FinnCap

FinnCap reaffirmed their corporate rating on shares of Destiny Pharma (LON:DEST) in a report released on Thursday. FinnCap currently has a GBX 250 ($3.53) price target on the stock.

Shares of DEST stock traded down GBX 2.90 ($0.04) during mid-day trading on Thursday, hitting GBX 126.10 ($1.78). The stock had a trading volume of 13,000 shares, compared to its average volume of 4,205. Destiny Pharma has a fifty-two week low of GBX 111 ($1.57) and a fifty-two week high of GBX 235 ($3.32).

Destiny Pharma (LON:DEST) last announced its quarterly earnings data on Thursday, April 12th. The company reported GBX (8.40) (($0.12)) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of GBX (8.30) (($0.12)) by GBX (0.10) ($0.00).

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About Destiny Pharma

Destiny Pharma plc, a biotechnology company, focuses on the development of novel medicines for the treatment of infectious diseases in the United Kingdom. It is involved in developing XF-73 Nasal for the treatment of post-surgical staphylococcal infections; XF-73 Throat for the treatment of staphylococcal hospital/ventilator pneumonia infections; XF-70 Dermal for the treatment of skin burn wound infections of antibiotic resistant bacteria; and XF-70 Lung for the treatment of bacterial biofilm-associated infections.

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