GNC Holdings (GNC) Receives Price Target

GNC Holdings (GNC) : 7 Wall Street analysts covering GNC Holdings (GNC) believe that the average level the stock could reach for the short term is $22. The maximum price target given is $26 and the minimum target for short term is around $20, hence the standard deviation is calculated at $2.24.

GNC Holdings (GNC) has an average broker rating of 3, which is interpreted as a Hold, as rated by 8 equity analysts. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.


Also, Wedbush downgrades its view on GNC Holdings (NYSE:GNC) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on August 1, 2016.

GNC Holdings (NYSE:GNC): The stock opened at $21.05 on Thursday but the bulls could not build on the opening and the stock topped out at $21.30 for the day. The stock traded down to $20.45 during the day, due to lack of any buying support eventually closed down at $20.81 with a loss of -1.05% for the day. The stock had closed at $21.03 on the previous day. The total traded volume was 1,614,237 shares.

GNC Holdings, Inc. (GNC) is a specialty retailer of health and wellness products, including vitamins minerals and herbal supplement products (VMHS), sports nutrition products and diet products. Its product mix is sold under its GNC brands, including Mega Men, Ultra Mega, Total Lean, Pro Performance and Pro Performance AMP and Beyond Raw, and under third-party brands. It operates in three segments: Retail, Franchise and Manufacturing/Wholesale. The Companys retail generates revenues from sales of products to customers at Company-owned stores in the United States, Canada and Puerto Rico and through its Websites, and Franchise consists of its domestic and international franchise operations and generates revenues from franchise activities through product sales to franchisees royalties on franchise retail sales and franchise fees. Manufacturing/Wholesale comprises manufacturing operations in South Carolina and its wholesale sales business.

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