Vericel Corporation – Consensus Indicates Potential -3.0% Downside

Broker Ratings

Vericel Corporation with ticker code (VCEL) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 50 and 40 calculating the mean target price we have 45.08. Given that the stocks previous close was at 46.49 this indicates there is a potential downside of -3.0%. The 50 day MA is 36.9 and the 200 day MA is 23.97. The company has a market cap of $2,143m. Find out more information at: http://vcel.com

Vericel Corporation, a commercial-stage biopharmaceutical company, researches, develops, manufactures, and distributes cellular therapies for sports medicine and severe burn care markets in the United States. It markets autologous cell therapy products comprising MACI, an autologous cellularized scaffold product for the repair of symptomatic, and single or multiple full-thickness cartilage defects of the knee; and Epicel, a permanent skin replacement humanitarian use device for the treatment of patients with deep-dermal or full-thickness burns. The company also develops ixmyelocel-T, a patient-specific multicellular therapy that has completed Phase IIb clinical trial for the treatment of advanced heart failure due to dilated cardiomyopathy. In addition, its preapproval stage product includes, NexoBrid, a registration-stage biological orphan product for debridement of severe thermal burns. The company was formerly known as Aastrom Biosciences Vericel Corporation was founded in 1989 and is headquartered in Cambridge, Massachusetts.

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