The Hain Celestial Group (NASDAQ: HAIN)‘s stock had its “neutral” rating reaffirmed by research analysts at UBS AG (NYSE: UBS) in a report issued on Thursday.
Separately, analysts at RBC Capital (NYSE: RY) raised their price target on shares of The Hain Celestial Group from $38.00 to $44.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Analysts at Jefferies Group (NYSE: JEF) reiterated a “buy” rating on shares of The Hain Celestial Group in a research note to investors on Thursday. Also, analysts at Citigroup (NYSE: C) set a $46.00 price target on shares of The Hain Celestial Group in a research note to investors on Monday.
The Hain Celestial Group, Inc. manufactures, markets, distributes and sells organic products under brand names, which are sold as better-for-you products. The Company operates in one segment, the manufacturing, distribution, marketing and sale of natural and organic products. Its products are sold to specialty and natural food distributors, supermarkets, natural food stores, and other retail classes of trade, including mass-market retailers, drug store chains, food service channels and club stores. On June 15, 2010, the Company completed the acquisition of World Gourmet Marketing, L.L.C. On June 15, 2010, the Company acquired Churchill Food Products Limited, including its Sensible Portions brand snack products. On July 2, 2010, the Company acquired the assets and business of 3 Greek Gods LLC, including The Greek Gods brand of Greek-style yogurt.
Shares of The Hain Celestial Group traded up 5.44% during mid-day trading on Thursday, hitting $40.869. The Hain Celestial Group has a one year low of $26.10 and a one year high of $38.94. The stock’s 50-day moving average is $36.76 and its 200-day moving average is $33.40. The company has a market cap of $1.801 billion and a P/E ratio of 30.35.
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