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Herbalife Ltd. 8.6% Potential Upside Now Implied by Canaccord Genuity

Herbalife Ltd. using SYMBOL code NYSE:HLF has had its stock rating noted as ‘Reitereated’ with the recommendation being set at ‘BUY’ today by analysts at Canaccord Genuity. Herbalife Ltd. are listed in the Health Care sector within NYSE. Canaccord Genuity have set a target price of 58 USD on its stock. This would imply the analyst believes there is a potential upside of 8.6% from today’s opening price of 53.41 USD. Herbalife Ltd. NYSE:HLF has a 50 day moving average of 53.27 USD and a 200 Day Moving Average share price is recorded at 43.45 USD. The 1 year high stock price is 58.66 USD while the 52 week low is 27.6 USD.

 

Herbalife Ltd. NYSE:HLF is a holding company. The Company is a global nutrition company that develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. The Company’s products are often sold as part of a program. The Company categorizes its products into five groups: weight management, which includes meal replacement, protein shakes, drink mixes, weight loss enhancers and healthy snacks; targeted nutrition, dietary and nutritional supplements containing quality herbs, vitamins, minerals and other natural ingredients; energy, sports & fitness, consists of products that support a healthy active lifestyle; outer nutrition, consists of facial skin care, body care, and hair care products, and literature, promotional and other, includes Start-up kits, sales tools, and educational materials. As of December 31, 2014, the Company sold its products in 91 countries.

 

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