Analyst Price Target is $6.25
▲ +846.83% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Athersys in the last 3 months. The average price target is $6.25, with a high forecast of $6.25 and a low forecast of $6.25. The average price target represents a 846.83% upside from the last price of $0.66.
Current Consensus is
The current consensus among 1 investment analysts is to sell stock in Athersys. This rating has held steady since October 2021, when it changed from a Buy consensus rating.
Athersys, Inc., a biotechnology company, focuses on the research and development activities in the field of regenerative medicine. Its clinical development programs are focused on treating neurological conditions, cardiovascular diseases, inflammatory and immune disorders, and pulmonary and other conditions. The company's lead platform product includes MultiStem cell therapy, an allogeneic stem cell product, which is in Phase III clinical study for the treatment of patients suffering from neurological damage from an ischemic stroke, as well as for acute respiratory distress syndrome, trauma complications, HSC transplant support, and other indications. It also develops MultiStem cell therapy to promote tissue repair and healing for animal patients, including those suffering from serious conditions with unmet medical needs. The company has license and collaboration agreements with Healios K.K. to develop and commercialize MultiStem cell therapy for ischemic stroke, acute respiratory distress syndrome, and ophthalmological indications, as well as for the treatment of liver, kidney, pancreas, and intestinal tissue diseases; and the University of Minnesota to develop MultiStem cell therapy platform. Athersys, Inc. was founded in 1995 and is headquartered in Cleveland, Ohio.