Celsius Holdings, Inc. (NASDAQ:CELH) has received an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.
Analysts have set a 1-year consensus target price of $8.00 for the company and are anticipating that the company will post ($0.03) EPS for the current quarter, according to Zacks. Zacks has also given Celsius an industry rank of 111 out of 265 based on the ratings given to related companies.
Several analysts have issued reports on the company. ValuEngine upgraded Celsius from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. Maxim Group assumed coverage on Celsius in a report on Thursday, February 1st. They set a “buy” rating and a $8.00 price objective on the stock. Zacks Investment Research downgraded Celsius from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, TheStreet downgraded Celsius from a “c” rating to a “d+” rating in a report on Friday, December 1st.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Millennium Management LLC acquired a new stake in Celsius during the 4th quarter worth about $456,000. Monashee Investment Management LLC acquired a new stake in Celsius during the 4th quarter worth about $146,000. BlueCrest Capital Management Ltd acquired a new stake in Celsius during the 4th quarter worth about $128,000. Finally, Loeb Partners Corp acquired a new stake in Celsius during the 4th quarter worth about $126,000. Hedge funds and other institutional investors own 6.18% of the company’s stock.
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Celsius Company Profile
Celsius Holdings, Inc is engaged in the development, marketing, sale and distribution of functional calorie-burning fitness beverages under the Celsius brand name. The Company’s product range includes Sparkling Grape Rush, Sparkling Watermelon, Sparkling Orange, Sparkling Wild Berry, Sparkling Cola, Raspberry Acai Green Tea, Peach Mango Green Tea, Flo Fusion Orange and Flo Fusion Berry.
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