William Blair Downgrades GNC Holdings to Underperform (GNC)
GNC Holdings (NYSE:GNC) was downgraded by research analysts at William Blair from a “market perform” rating to an “underperform” rating in a report released on Thursday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on GNC. Analysts at Wedbush raised their price target on shares of GNC Holdings from $63.00 to $67.00 in a research note to investors on Friday, December 20th. Separately, analysts at Sterne Agee initiated coverage on shares of GNC Holdings in a research note to investors on Thursday, December 19th. They set a “buy” rating on the stock. Finally, analysts at Ned Davis Research upgraded shares of GNC Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Monday, November 18th. One analyst has rated the stock with a sell rating and twelve have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $61.20.
GNC Holdings (NYSE:GNC) traded down 2.38% on Thursday, hitting $52.48. The stock had a trading volume of 4,660,495 shares. GNC Holdings has a one year low of $32.94 and a one year high of $60.98. The stock’s 50-day moving average is $57.02 and its 200-day moving average is $54.75. The company has a market cap of $4.985 billion and a P/E ratio of 19.99.
GNC Holdings, Inc (NYSE:GNC) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.