William Blair restated their buy rating on shares of CELYAD SA/ADR (NASDAQ:CYAD) in a research note published on Tuesday morning.

A number of other equities research analysts also recently issued reports on CYAD. Zacks Investment Research downgraded shares of CELYAD SA/ADR from a hold rating to a sell rating in a research note on Monday, August 27th. Piper Jaffray Companies reduced their price objective on shares of CELYAD SA/ADR to $51.00 and set an overweight rating on the stock in a research note on Monday, November 12th. Finally, HC Wainwright reiterated a buy rating and set a $46.00 price objective on shares of CELYAD SA/ADR in a research note on Monday, November 12th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of Buy and an average price target of $44.20.

Shares of CELYAD SA/ADR stock opened at $21.30 on Tuesday. The stock has a market cap of $244.34 million, a price-to-earnings ratio of -6.02 and a beta of 1.35. CELYAD SA/ADR has a 12-month low of $20.54 and a 12-month high of $48.20.

Institutional investors have recently made changes to their positions in the business. Wells Fargo & Company MN grew its stake in CELYAD SA/ADR by 1,109.0% during the third quarter. Wells Fargo & Company MN now owns 6,045 shares of the company’s stock worth $160,000 after buying an additional 5,545 shares in the last quarter. Millennium Management LLC acquired a new stake in CELYAD SA/ADR during the second quarter worth about $582,000. Stanley Laman Group Ltd. acquired a new stake in CELYAD SA/ADR during the second quarter worth about $1,145,000. Finally, Victory Capital Management Inc. lifted its holdings in shares of CELYAD SA/ADR by 41.9% in the second quarter. Victory Capital Management Inc. now owns 604,002 shares of the company’s stock worth $18,717,000 after acquiring an additional 178,380 shares during the last quarter. Hedge funds and other institutional investors own 7.45% of the company’s stock.

CELYAD SA/ADR Company Profile

Celyad SA, a clinical-stage biopharmaceutical company, focuses on the development of CAR-T cell-based therapies. The company utilizes its expertise in cell engineering to target cancer. Its CAR-T cell platform has the potential to treats a range of solid and hematologic tumors. The company's lead drug product candidate, CYAD-01 (CAR-T NKG2D), has been evaluated in a Phase I clinical trial to assess the safety and clinical activity of multiple administrations of autologous CYAD-01 cells in seven refractory cancers, including five solid tumors, such as colorectal, ovarian, bladder, triple-negative breast, and pancreatic cancers; and two hematological tumors comprising acute myeloid leukemia and multiple myeloma.

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Analyst Recommendations for CELYAD SA/ADR (NASDAQ:CYAD)

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