Wall Street Analysts See a 28.41% Upside in Helen of Troy (HELE): Can the Stock Really Move This High?

Group 1 - Helen of Troy (HELE) shares have increased by 4.9% over the past four weeks, closing at $61.78, with a mean price target of$79.33 indicating a potential upside of 28.4% [1] - The mean estimate includes three short-term price targets with a standard deviation of $12.06, where the lowest estimate suggests a 10.1$92 [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price increases, as indicated by a 1.3% increase in the Zacks Consensus Estimate for the current year [4][10] Group 2 - The Zacks Rank for HELE is 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential upside [11] - While price targets are often viewed skeptically, the direction indicated by these targets can serve as a useful guide for potential price movements [12] - Analysts' price targets may be influenced by business relationships, leading to overly optimistic estimates, but a low standard deviation among targets suggests a consensus on price direction [6][7]