19 independent members from global nutrition company, Herbalife Ltd. (NYSE:HLF), will be in Washington, D.C. to educate their congressional representatives about Herbalife and how their lives have been improved since becoming involved with Herbalife. The members are visitingWashington, D.C. from California, Illinois, Louisiana, North Carolina, Maryland, South Dakota, and Tennessee.
“Herbalife has empowered me to take steps to live a more healthy and active lifestyle,” said Mario McKinley, an Herbalife member from California. “I am honored to have the opportunity to visit my elected representatives and explain what these products really are and how the company has helped me and so many other people in California.”
“We appreciate our members taking time out of their busy lives to meet with their congressional representatives in Washington, D.C.,” said Ibi Fleming, senior vice president and managing director for Herbalife’s North American region. “Our Herbalife members go above and beyond to show their dedication to the company because they’ve personally experienced the results that can come from living a healthy, active lifestyle.”
The members are in DC to talk about Herbalife’s science-based nutrition products and the benefits they’ve received from using the products. Additionally, the members will speak with congressional offices about the income-generating opportunities that are available to Herbalife members through hard work and continued dedication.
“Never in a million years did I think I was going to grow up and run my own small business,” said Tara Kirkpatrick, an Herbalife member from North Carolina. “I’ve been working with Herbalife for five years and thanks to hard work and dedication I am able to provide for my family by sharing nutritious products with my friends and neighbors. I’m honored to join my Herbalife colleagues in sharing how this company has helped improve my life and the lives of so many other people in North Carolina.” (Original Source)
Shares of Herbalife closed yesterday at $43.1 . HLF has a 1-year high of $69.69 and a 1-year low of $27.60. The stock’s 50-day moving average is $38.11 and it’s 200-day moving average is $38.97.
On the ratings front, Herbalife has been the subject of a number of recent research reports. In a report issued on March 13, BTIG analyst April Scee maintained a Buy rating on HLF, with a price target of $55, which represents a potential upside of 27.6% from where the stock is currently trading. Separately, on March 2, Canaccord Genuity’s Mark Sigal maintained a Buy rating on the stock and has a price target of $42.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, April Scee and Mark Sigal have a total average return of 5.8% and -12.0% respectively. Scee has a success rate of 75.0% and is ranked #1378 out of 3574 analysts, while Sigal has a success rate of 37.5% and is ranked #3278.
In total, 5 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $43.1 which is 29.0% above where the stock closed yesterday.
Herbalife Ltd is a nutrition company. The Companyalong with its subsidiariessells weight management, targeted nutrition, energy, sports & fitness, and outer nutrition products.