GNC Holdings (GNC) : The consensus on GNC Holdings (GNC) based on 9 analyst recommendation on the company stock is 2.56, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
GNC Holdings (GNC) stock is expected to deviate a maximum of $3.96 from the average target price of $29 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $38 and the most muted being $26.
GNC Holdings (NYSE:GNC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.00 and $23.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.39, notching a gain of 1.41% for the day. The total traded volume was 1,271,059 . The stock had closed at $24.05 on the previous day.
Also, Piper Jaffray initiates coverage on GNC Holdings (NYSE:GNC) . The global brokerage major announces a current price target of $38 per share. Analysts at the Piper Jaffray have a current rating of Overweight on the shares. The rating by the firm was issued on May 10, 2016. The company shares have dropped -45.22% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $51.69 and the one year low was seen on Nov 17, 2015. The 50-Day Moving Average price is $25.31 and the 200 Day Moving Average price is recorded at $28.26.
GNC Holdings, Inc. (GNC) is a specialty retailer of health and wellness products, including vitamins minerals and herbal supplement products (VMHS), sports nutrition products and diet products. Its product mix is sold under its GNC brands, including Mega Men, Ultra Mega, Total Lean, Pro Performance and Pro Performance AMP and Beyond Raw, and under third-party brands. It operates in three segments: Retail, Franchise and Manufacturing/Wholesale. The Companys retail generates revenues from sales of products to customers at Company-owned stores in the United States, Canada and Puerto Rico and through its Websites, GNC.com LuckyVitamin.com and DiscountSupplements.com. Franchise consists of its domestic and international franchise operations and generates revenues from franchise activities through product sales to franchisees royalties on franchise retail sales and franchise fees. Manufacturing/Wholesale comprises manufacturing operations in South Carolina and its wholesale sales business.