Shares of Celyad SA (NASDAQ:CYAD) have received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokerages have set a 12 month consensus price objective of $74.00 for the company, according to Zacks. Zacks has also given Celyad an industry rank of 161 out of 265 based on the ratings given to its competitors.
Several equities analysts have weighed in on CYAD shares. ValuEngine lowered Celyad from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Piper Jaffray Companies restated an “overweight” rating and set a $74.00 target price on shares of Celyad in a research report on Monday, October 9th.
Celyad SA, formerly Cardio3 Biosciences SA is a Belgium-based drug developing company. The Company develops stem cell-based therapies for cardiovascular disease. The Company focuses on developing regenerative therapies to treat illnesses where cardiac tissue is lost due to chronic or acute injury. The Company’s product, C-Cure, allows the differentiation of a patient’s own cells into cardiopoeitic cells which grow into new heart cells and repair heart muscle.
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