Herbalife Ltd. (NYSE:HLF - Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as $5.26 and last traded at $5.30, with a volume of 2564254 shares. The stock had previously closed at $5.46.
Analyst Upgrades and Downgrades
HLF has been the subject of a number of research reports. StockNews.com raised shares of Herbalife from a "hold" rating to a "buy" rating in a report on Monday, November 4th. B. Riley cut their target price on shares of Herbalife from $17.00 to $12.00 and set a "buy" rating on the stock in a research report on Thursday, October 31st. DA Davidson lowered their price target on shares of Herbalife from $13.00 to $7.50 and set a "neutral" rating for the company in a report on Thursday, October 31st. Citigroup cut their price objective on Herbalife from $16.00 to $13.00 and set a "buy" rating on the stock in a report on Friday, October 25th. Finally, Mizuho lifted their price target on Herbalife from $8.00 to $9.00 and gave the company a "neutral" rating in a research note on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $9.90.
Read Our Latest Stock Report on Herbalife
Herbalife Price Performance
The company has a fifty day moving average of $6.66 and a 200 day moving average of $7.62. The firm has a market capitalization of $539.73 million, a P/E ratio of 6.30, a PEG ratio of 0.18 and a beta of 1.15.
Hedge Funds Weigh In On Herbalife
Several institutional investors have recently added to or reduced their stakes in HLF. R Squared Ltd bought a new stake in shares of Herbalife in the 4th quarter valued at $63,000. Van ECK Associates Corp boosted its position in shares of Herbalife by 110.4% during the 4th quarter. Van ECK Associates Corp now owns 10,526 shares of the company's stock worth $70,000 after purchasing an additional 5,524 shares in the last quarter. Carolina Wealth Advisors LLC bought a new stake in Herbalife in the 3rd quarter valued at about $78,000. Range Financial Group LLC bought a new position in Herbalife in the fourth quarter worth approximately $124,000. Finally, SG Americas Securities LLC grew its stake in Herbalife by 83.5% in the fourth quarter. SG Americas Securities LLC now owns 18,884 shares of the company's stock valued at $126,000 after acquiring an additional 8,591 shares during the period.
Herbalife Company Profile
(
Get Free Report)
Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.
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