Zacks Investment Research upgraded shares of Cellect Biotechnology (NASDAQ:APOP) from a hold rating to a buy rating in a research note released on Friday morning. They currently have $7.25 target price on the stock.
According to Zacks, “Cellect Biotechnology Ltd. offers biomedical services. It provides stem cell transplantation, disease management, regenerative medicine, clinical research and other services. Cellect Biotechnology Ltd. is based in TEL AVIV, Israel. “
Separately, HC Wainwright set a $14.00 price target on shares of Cellect Biotechnology and gave the company a buy rating in a report on Friday, January 5th.
Cellect Biotechnology (NASDAQ:APOP) last announced its quarterly earnings results on Monday, March 19th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.31) by $0.15. equities research analysts forecast that Cellect Biotechnology will post -1.3 earnings per share for the current fiscal year.
A hedge fund recently bought a new stake in Cellect Biotechnology stock. Susquehanna International Group LLP bought a new position in Cellect Biotechnology (NASDAQ:APOP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,764 shares of the company’s stock, valued at approximately $101,000. Susquehanna International Group LLP owned about 0.23% of Cellect Biotechnology as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.62% of the company’s stock.
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About Cellect Biotechnology
Cellect Biotechnology Ltd., a biotechnology company, focuses on developing technologies for the functional selection of stem cells in the field of regenerative medicine and stem cell therapies in Israel. It is developing the Apotainer selection kit, a shelf stem cell selection kit, based on its Powered by Cellect technology platform for allogeneic hematopoietic stem cell transplantation procedures for patients suffering from hematological malignancies.
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