Celyad SA (CYAD) Rating Reiterated by Piper Jaffray Companies

Piper Jaffray Companies reiterated their overweight rating on shares of Celyad SA (NASDAQ:CYAD) in a report issued on Monday morning. Piper Jaffray Companies currently has a $74.00 target price on the stock.

Several other analysts have also issued reports on CYAD. ValuEngine upgraded shares of Celyad SA from a sell rating to a hold rating in a research note on Thursday, June 29th. BidaskClub lowered shares of Celyad SA from a buy rating to a hold rating in a research note on Tuesday, July 11th.

Shares of Celyad SA (NASDAQ CYAD) opened at 60.30 on Monday. The firm has a 50-day moving average of $56.51 and a 200-day moving average of $56.51. Celyad SA has a 52 week low of $16.31 and a 52 week high of $64.75. The firm’s market cap is $574.36 million.

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About Celyad SA

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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