How Much Upside is Left in Herbalife Ltd (HLF)? Wall Street Analysts Think 28.83%

Core Viewpoint - Herbalife Ltd (HLF) shows potential for upside with a mean price target of $8.67, indicating a 28.8$6.73 [1] Price Targets and Estimates - The mean estimate consists of three short-term price targets with a standard deviation of $2.08, where the lowest estimate is$7 (4% increase) and the highest is $11 (63.5% increase) [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement [9] Analyst Sentiment and Earnings Estimates - Analysts are optimistic about HLF's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has shown a strong correlation with near-term stock price movements [11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 9.8%, with one estimate moving higher and no negative revisions [12] Zacks Rank and Investment Implications - HLF currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be reliable for predicting the extent of gains, they can provide a directional guide for potential price movement [13]