Cellectis (NASDAQ:CLLS) Rating Reiterated by JMP Securities

Cellectis (NASDAQ:CLLS – Get Rating)‘s stock had its “market outperform” rating restated by equities researchers at JMP Securities in a research report issued to clients and investors on Monday, Benzinga reports. They currently have a $6.00 price target on the biotechnology company’s stock. JMP Securities’ target price would indicate a potential upside of 203.03% from the company’s previous close.

Other equities research analysts have also issued reports about the stock. Citigroup reduced their target price on shares of Cellectis from $36.00 to $24.00 in a report on Wednesday, December 14th. StockNews.com raised shares of Cellectis from a “sell” rating to a “hold” rating in a report on Saturday, December 3rd. Finally, Oppenheimer cut their target price on shares of Cellectis from $16.00 to $13.00 and set an “outperform” rating for the company in a report on Monday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Cellectis has a consensus rating of “Hold” and a consensus target price of $10.33.

Cellectis Stock Up 1.0 %

Shares of Cellectis stock opened at $1.98 on Monday. The company’s fifty day simple moving average is $2.68 and its two-hundred day simple moving average is $2.54. The company has a market cap of $110.05 million, a P/E ratio of -0.85 and a beta of 2.13. The company has a current ratio of 2.28, a quick ratio of 2.65 and a debt-to-equity ratio of 0.16. Cellectis has a 12-month low of $1.83 and a 12-month high of $5.04.

Institutional Trading of Cellectis

A number of institutional investors have recently bought and sold shares of CLLS. Envestnet Asset Management Inc. lifted its position in Cellectis by 19.2% in the first quarter. Envestnet Asset Management Inc. now owns 20,501 shares of the biotechnology company’s stock worth $93,000 after buying an additional 3,305 shares during the last quarter. State Street Corp lifted its position in shares of Cellectis by 3.7% during the first quarter. State Street Corp now owns 119,561 shares of the biotechnology company’s stock worth $543,000 after purchasing an additional 4,297 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Cellectis by 166.5% during the first quarter. Jane Street Group LLC now owns 603,253 shares of the biotechnology company’s stock worth $2,789,000 after purchasing an additional 376,862 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Cellectis by 11.0% during the second quarter. Principal Financial Group Inc. now owns 1,348,312 shares of the biotechnology company’s stock worth $3,816,000 after purchasing an additional 133,587 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Cellectis during the second quarter worth $46,000. 22.61% of the stock is currently owned by institutional investors.

About Cellectis

(Get Rating)

Cellectis SA operates as a clinical stage biotechnological company. The firm operates through the segments: Therapeutics and Plants. The Therapeutics segment focuses on the development of products in the field of immuno-oncology and monogenic diseases. The Plants segment focuses on using Calyxt’s proprietary PlantSpringTM technology platform to engineer plant metabolism to produce innovative, high-value, and sustainable materials and products for use in helping customers meet their sustainability targets and financial goals.