Separately, Jefferies Financial Group reaffirmed a buy rating on shares of Verona Pharma in a research note on Tuesday, August 7th.
Shares of VRP stock opened at GBX 110 ($1.44) on Tuesday. Verona Pharma has a 1 year low of GBX 100 ($1.31) and a 1 year high of GBX 189 ($2.47).
About Verona Pharma
Verona Pharma plc, a clinical stage biopharmaceutical company, develops and commercializes therapeutics to treat respiratory diseases. The company's product candidate is RPL554, an inhaled dual inhibitor of the enzymes phosphodiesterase 3 and 4, which has completed Phase I and IIa clinical trials that acts as a bronchodilator and an anti-inflammatory agent for the treatment of chronic obstructive pulmonary disease and cystic fibrosis.
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