Herbalife LTD. (HLF) : Analyst Rating Update

Herbalife LTD. (HLF) : Zacks Investment Research ranks Herbalife LTD. (HLF) as 1, which is a Strong Buy recommendation. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 2 research analysts is 3, which indicates as a Hold.

Herbalife LTD. (HLF) : The highest level Herbalife LTD. (HLF) is projected to reach is $66 for the short term and the lowest estimate is at $58. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $62 and the possibility the share price can swing is $5.66.

Herbalife LTD. (NYSE:HLF): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $57.87 and $57.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $60.86. The buying momentum continued till the end and the stock did not give up its gains. It closed at $60.42, notching a gain of 3.73% for the day. The total traded volume was 2,360,059 . The stock had closed at $58.25 on the previous day.

The company shares have rallied 15.81% from its 1 Year high price. On May 6, 2016, the shares registered one year high at $66.26 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $59.61 and the 200 Day Moving Average price is recorded at $55.81.

Herbalife Ltd. 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 Companys 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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