Maxim Group analyst Jason McCarthy assigned a Buy rating to Brainstorm Cell Therapeutics (BCLI) yesterday and set a price target of $12.00. The company’s shares closed last Tuesday at $3.58, close to its 52-week low of $2.97.
According to TipRanks.com, McCarthy is a 5-star analyst with an average return of 38.3% and a 48.1% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Appili Therapeutics Inc Class A, Lineage Cell Therapeutics, and Monopar Therapeutics Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brainstorm Cell Therapeutics with a $12.00 average price target.
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The company has a one-year high of $17.95 and a one-year low of $2.97. Currently, Brainstorm Cell Therapeutics has an average volume of 1.1M.
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Brainstorm Cell Therapeutics, Inc. operates as a biotechnology company, which develops and commercializes adult stem cell therapeutic products. It focuses on utilizing the patients own bone marrow stem cells to generate neuron-like cells that may provide an effective treatment initially for amyotrophic lateral sclerosis, Parkinson’s disease, multiple sclerosis and spinal cord injury. The company was founded on September 22, 2000 and is headquartered in New York, NJ.
