Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Herbalife (NYSE:HLF) Ltd on Friday, setting a price target of $65, which is approximately 49.36% above the present share price of $43.52.
Feinseth expects Herbalife Ltd to post earnings per share (EPS) of $1.33 for the third quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Herbalife, with an average price target of $60.75.
The analysts price targets range from a high of $65 to a low of $52.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.55 billion and a net profit of $237.9 million. The company's market cap is $5.03 billion.
According to TipRanks.com, Tigress Financial analyst Ivan Feinseth is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.9% and a 69.76% success rate.
Herbalife Nutrition Ltd. is a holding company, which engages in the development and sale of nutrition solutions. It operates through the following segments: North America; Mexico; South and Central America; Europe, Middle East, and Africa; Asia pacific; and China. The company was founded by Mark Reynolds Hughes in February 1980 and is headquartered in George Town, Cayman Islands.