What is Wall Street's Target Price for Biofrontera AG (BFRA) Stock Tuesday?

Tuesday, December 21, 2021 11:43 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Biofrontera AG (BFRA) Stock Tuesday?

InvestorsObserver is giving Biofrontera AG (BFRA) an Analyst Rating Rank of 74, meaning BFRA is ranked higher by analysts than 74% of stocks. The average price target for BFRA is $8 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating BFRA a Strong Buy today. Find out what this means to you and get the rest of the rankings on BFRA!

See Full BFRA Report

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Biofrontera AG Stock Today?

Biofrontera AG (BFRA) stock is trading at $3.65 as of 11:33 AM on Tuesday, Dec 21, an increase of $0.25, or 7.35% from the previous closing price of $3.40. The stock has traded between $3.20 and $3.99 so far today. Volume today is high. So far 232,218 shares have traded compared to average volume of 57,950 shares. Click Here to get the full Stock Report for Biofrontera AG stock.