The Hain Celestial Group (NASDAQ:HAIN) : 10 brokerage houses believe that The Hain Celestial Group (NASDAQ:HAIN) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on The Hain Celestial Group (NASDAQ:HAIN). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 15 Wall Street Analysts endorse the stock as a Buy with a rating of 1.67.
The Hain Celestial Group (NASDAQ:HAIN) : 13 investment research analysts covering The Hain Celestial Group (NASDAQ:HAIN) have an average price target of $50.54 for the near short term. The highest target price given by the Brokerage Firm to the stock is $63 and the lowest target is $43 for the short term. Analysts expect the variance to be within $5.91 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Also, Atlantic Equities initiates coverage on The Hain Celestial Group (NASDAQ:HAIN). In the latest research report, Atlantic Equities announces the target price to $48 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on April 7, 2016.
The Hain Celestial Group (NASDAQ:HAIN): stock turned positive on Tuesday. Though the stock opened at $46.76, the bulls momentum made the stock top out at $47.78 level for the day. The stock recorded a low of $46.53 and closed the trading day at $47.78, in the green by 3.17%. The total traded volume for the day was 1,343,767. The stock had closed at $46.31 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Weiner Ross, officer (VP & Chief Accounting Officer) of Hain Celestial Group Inc, had unloaded 378 shares at an average price of $62.11 in a transaction dated on May 20, 2015. The total value of the transaction was worth $23,478.
The Hain Celestial Group, Inc. manufactures, markets, distributes and sells organic and natural products under brand names, which are sold as better-for-you products. The Company operates in five segments: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. The Companys brands include Almond Dream, Arrowhead Mills, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earths Best, Ellas Kitchen, Europes Best, Farmhouse Fare, Frank Coopers, Gales, Garden of Eatin, GG UniqueFiber, Hartleys, Health Valley, Imagine, Johnsons Juice Co., Lima, Linda McCartney, MaraNatha, New Covent Garden Soup Co., Rice Dream, Robertsons, Rudis Organic Bakery, Rudis Gluten-Free Bakery, Sensible Portions, Spectrum, Spectrum Essentials and Soy Dream, among others. Its markets its personal care products under the Alba Botanica, Avalon Organics, Earths Best, JASON and Queen Helene brands. In addition, it offers the Joya and Happy brands.