Stock Update (NYSE:HLF): Herbalife Ltd. Appoints Food and Nutritional Sciences Expert to Nutrition Advisory Board


Herbalife Ltd. (NYSE:HLF) announced that Dr. Zhen-Yu Chen, an expert in food and nutritional sciences has been appointed to its Nutrition Advisory Board (NAB).

Dr. Chen has over 27 years of experience in food and nutritional science, and is currently the Chair Professor of the Food and Nutritional Sciences Programme and Head of the Graduate Division of School of Life Sciences at The Chinese University of Hong Kong. After completing his PhD in food science and nutrition at the University of Massachusetts in USA, Dr. Chen has gone on to lecture on food and nutritional sciences at The Chinese University of Hong Kong, and contributed to over 200 journal papers related to food and nutritional science with a total citation of more than 10,000 and an H-index of 55.

As a renowned nutrition expert, Dr. Chen has been awarded several industry awards during the course of his career. These include the Advancement of Application of Agricultural and Food Chemistry Award by the American Chemical Society in 2016, the High Education Outstanding Scientific Research Output Award for Natural Science by the Ministry of Education in China in 2010, and the Research Excellence Award by The Chinese University of Hong Kong in 2009. Dr. Chenreceived Fellow Award from Agricultural and Food Chemistry Division of American Chemical Society in 2012 and Fellow Award of Royal Society of Chemistry (UK) in 2015.

Dr. Chen has also served as deputy chairman of the Expert Committee on Food Safety at the Food and Health Bureau of Hong Kong SAR Government, council member of the China Nutrition Societyand associate editor for the Journal of Agricultural and Food Chemistry. He has spoken at numerous national and international nutrition conferences, with particular focus on food chemistry and nutrition topics related to cholesterol-lowering functional foods, natural antioxidants, Omega-3 and Omega-6 fatty acids, as well as lipid oxidation in foods.

“We are delighted to welcome Dr. Chen to the Herbalife Nutrition Advisory Board. As a highly-regarded expert in the field of food and nutrition sciences, Dr. Chen is a valuable asset to the team as we look to ramp up our health and nutrition advocacy efforts all across Asia Pacific. We are very excited to have him on board, and look forward to having him work alongside our NAB members to collectively inspire positive nutrition and healthy active living habits in the region,” said Dr. John Agwunobi, Chief Health and Nutrition Officer at Herbalife.

The appointment of Dr. Chen to the Herbalife Nutrition Advisory Board reflects the company’s continued commitment to furthering the cause of inspiring positive nutrition habits in Asia Pacific, by fostering close partnerships with leading nutrition experts in region. With the addition of Dr. Chen to the board, the Herbalife Nutrition Advisory Board now has a total of 26 members, comprising of nutrition and health professionals from around the globe, with six of the members coming from Asia Pacific. (Original Source)

Shares of Herbalife Ltd closed yesterday at $49.19, up $1.05 or +2.18%. HLF has a 1-year high of $72.22 and a 1-year low of $42.26. The stock’s 50-day moving average is $49.61 and its 200-day moving average is $58.80.

On the ratings front, Pivotal Research analyst Timothy Ramey reiterated a Buy rating on HLF, with a price target of $90, in a report issued on October 25. The current price target implies an upside of 83% from current levels.

According to TipRanks.com, Ramey has a yearly average return of 3.5%, a 51% success rate, and is ranked #1265 out of 4345 analysts.

Herbalife Ltd. is a global nutrition company. Its offers range of science-based weight management products, nutritional supplements and personal care products intended to support a healthy lifestyle. It operates through the following geographical segments: North America, Mexico, South & Central America, EMEA (Europe, Middle East and Africa), Asia Pacific and China. It’s products are categorized into four principal groups: weight management, targeted nutrition, energy, sports & fitness, and outer nutrition. Its weight management products include meal replacement, protein shakes, drink mixes, weight loss enhancers and healthy snacks and its Outer nutrition products include facial skin care, body care and hair care.