In a report released today, Kaumil Gajrawala from Jefferies maintained a Buy rating on Celsius Holdings (CELH – Research Report), with a price target of $105.00. The company’s shares closed yesterday at $76.95.
According to TipRanks, Gajrawala is a 3-star analyst with an average return of 2.5% and a 53.77% success rate. Gajrawala covers the Consumer Defensive sector, focusing on stocks such as Celsius Holdings, PepsiCo, and Boston Beer.
In addition to Jefferies, Celsius Holdings also received a Buy from Piper Sandler’s Michael Lavery in a report issued today. However, on the same day, Bank of America Securities reiterated a Hold rating on Celsius Holdings (NASDAQ: CELH).
The company has a one-year high of $99.62 and a one-year low of $34.74. Currently, Celsius Holdings has an average volume of 4.87M.
Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CELH in relation to earlier this year. Most recently, in March 2024, Caroline S Levy, a Director at CELH sold 20,000.00 shares for a total of $1,895,400.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Celsius Holdings (CELH) Company Description:
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.
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