BMO Capital Markets Boosts The Hain Celestial Group Price Target to $105.00 (HAIN)
Research analysts at BMO Capital Markets raised their price objective on shares of The Hain Celestial Group (NASDAQ:HAIN) to $105.00 in a report released on Thursday. BMO Capital Markets’ price target points to a potential upside of 8.73% from the stock’s previous close.
A number of other analysts have also recently weighed in on HAIN. Analysts at Imperial Capital raised their price target on shares of The Hain Celestial Group from $98.00 to $109.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of The Hain Celestial Group from $103.00 to $101.00 in a research note on Tuesday, July 15th. Finally, analysts at Piper Jaffray raised their price target on shares of The Hain Celestial Group from $102.00 to $104.00 in a research note on Wednesday, July 2nd. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $100.64.
The Hain Celestial Group (NASDAQ:HAIN) traded down 1.05% during mid-day trading on Thursday, hitting $95.50. 854,919 shares of the company’s stock traded hands. The Hain Celestial Group has a one year low of $72.34 and a one year high of $98.83. The stock has a 50-day moving average of $87.49 and a 200-day moving average of $88.97. The company has a market cap of $4.786 billion and a price-to-earnings ratio of 36.65.
The Hain Celestial Group (NASDAQ:HAIN) last announced its earnings results on Wednesday, August 20th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.01. The company had revenue of $583.80 million for the quarter, compared to the consensus estimate of $577.73 million. During the same quarter in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 26.0% on a year-over-year basis. Analysts expect that The Hain Celestial Group will post $3.76 EPS for the current fiscal year.
The Hain Celestial Group, Inc, manufactures, markets, distributes and sells natural and organic products.
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