Celsius Holdings ( (CELH) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Celsius Holdings has caught the eye of analysts, leading to a surge in its stock price. The positive sentiment is fueled by the company’s strong positioning in the Consumer Goods sector, drawing comparisons to successful firms like Monster Beverage. Analysts from Stifel Nicolaus and Jefferies have maintained a Buy rating, with price targets set at $37.00 and slightly higher, respectively, indicating confidence in the company’s growth potential despite its recent low closing price.
More about Celsius Holdings
YTD Price Performance: 0.70%
Average Trading Volume: 9,962,086
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $6.44B
For further insights into CELH stock on TipRanks’ Stock Analysis page.
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