Jefferies (NYSE:JEF) analyst Kevin Grundy reiterated a Buy rating on Celsius Holdings (NASDAQ:CELH) Inc on Monday, setting a price target of $130, which is approximately 82.12% above the present share price of $71.38.
Grundy expects Celsius Holdings Inc to post earnings per share (EPS) of $0.04 for the fourth quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Celsius Holdings, with an average price target of $113.58.
The analysts price targets range from a high of $130 to a low of $95.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $94.91 million and a net profit of $3.93 million. The company's market cap is $5.48 billion.
According to TipRanks.com, Jefferies analyst Kevin Grundy is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.5% and a 63.17% success rate.
Celsius Holdings, Inc. engages in the development, marketing, sale, and distribution of calorie-burning beverages. It offers flavors including grapefruit, cucumber lime, orange pomegranate, pineapple coconut, watermelon berry, and strawberries and cream. The company was founded in April 2004 and is headquartered in Boca Raton, FL.