Cellectis (CLLS) Given a $44.00 Price Target by Oppenheimer Analysts

Oppenheimer set a $44.00 price target on Cellectis (NASDAQ:CLLS) in a research report released on Sunday. The brokerage currently has a buy rating on the biotechnology company’s stock.

Several other research firms have also commented on CLLS. ValuEngine raised Cellectis from a hold rating to a buy rating in a research report on Tuesday, September 18th. BidaskClub raised Cellectis from a sell rating to a hold rating in a research report on Saturday, October 6th. Finally, Zacks Investment Research raised Cellectis from a hold rating to a buy rating and set a $25.00 price objective on the stock in a research report on Friday, November 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of $48.00.

NASDAQ:CLLS opened at $21.08 on Friday. Cellectis has a 12 month low of $20.15 and a 12 month high of $38.85. The stock has a market capitalization of $877.04 million, a price-to-earnings ratio of -7.58 and a beta of 1.76.

A number of large investors have recently bought and sold shares of CLLS. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Cellectis in the third quarter worth about $129,000. Commonwealth Equity Services LLC acquired a new position in Cellectis in the second quarter worth about $237,000. UBS Group AG grew its stake in Cellectis by 143.1% in the first quarter. UBS Group AG now owns 15,383 shares of the biotechnology company’s stock worth $485,000 after purchasing an additional 9,054 shares in the last quarter. Prosight Management LP acquired a new position in Cellectis in the second quarter worth about $548,000. Finally, Adalta Capital Management LLC acquired a new position in Cellectis in the second quarter worth about $620,000. Institutional investors and hedge funds own 27.36% of the company’s stock.

Cellectis Company Profile

Cellectis SA, a clinical stage biotechnological company, develops and sells immuno-oncology products based on gene-edited T-cells that express chimeric antigen receptors to target and eradicate cancer in France. The company operates through two segments, Therapeutics and Plants. Its lead product candidate is UCART19, an allogeneic T-cell product candidate for the treatment of CD19 expressing hematologic malignancies, which develop in acute lymphoblastic leukemia (ALL).

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