Herbalife Ltd. (NYSE:HLF), a global nutrition company, announced a one-year partnership with
As part of its corporate social responsibility efforts, Herbalife will work with GHSI and global vitamin supplier DSM, to help provide access to good nutrition to children in
In the first phase of the project, GHSI will conduct a landscape analysis to help all parties understand the nutritional landscape, provide insights into the required nutritional support, the target beneficiaries, expected reach, implementation model and potential partners.
The initial landscape analysis will happen in
"Herbalife is committed to improving the nutritional habits of people in
"DSM is committed to contributing to this holistic approach to improve nutrition among children," said
Shares of Herbalife Ltd closed yesterday at $43.34 . 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 $36.59 and it's 200-day moving average is $38.97.
On the ratings front, Herbalife Ltd 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 implies an upside of 26.9% from current levels. 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 7.8% and -12.6% respectively. Scee has a success rate of 73.9% and is ranked #1201 out of 3568 analysts, while Sigal has a success rate of 25.0% and is ranked #3281.
The street is mostly Bullish on HLF stock. Out of 5 analysts who cover the stock, 5 suggest a Buy rating . The 12-month average price target assigned to the stock is $55.60, which represents a potential upside of 28.3% from where the stock is currently trading.
Herbalife Ltd is a nutrition company. The Companyalong with its subsidiariessells weight management, targeted nutrition, energy, sports & fitness, and outer nutrition products.