Hain Celestial Group Inc (HAIN) is Reiterated by RBC Capital Mkts to Sector Perform, Raises Price Target to $ 44

Hain Celestial Group Inc (HAIN) was Reiterated by RBC Capital Mkts to “Sector Perform” according to the research note released today. The brokerage firm has raised the Price Target to $ 44 from a previous price target of $42 . RBC Capital Mkts advised their investors in a research report released on May 5, 2016.

Many Wall Street Analysts have commented on Hain Celestial Group Inc. Hain Celestial Group Inc was Initiated by Atlantic Equities to “Neutral” on Apr 7, 2016. Shares were Reiterated by Argus on Feb 22, 2016 to “Buy” and Lowered the Price Target to $ 50 from a previous price target of $78 .

On the company’s financial health, Hain Celestial Group Inc reported $0.49 EPS for the quarter, based on the information available during the earnings call on May 4, 2016. Analyst had a consensus estimate of $0.49. The company had revenue of $749.86 million for the quarter, compared to analysts expectations of $733.54 million. The company’s revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS.

Hain Celestial Group Inc opened for trading at $42.6 and hit $45.08 on the upside on Wednesday, eventually ending the session at $44.89, with a gain of 9.25% or 3.8 points. The heightened volatility saw the trading volume jump to 45,06,810 shares. Company has a market cap of $4,628 M.

In a different news, on May 21, 2015, Ross Weiner (VP & Chief Accounting Officer) sold 378 shares at $62.11 per share price. According to the SEC, on May 11, 2015, Irwin D Simon (Pres., CEO & Chairman of Bd) sold 250,000 shares at $58.99 per share price. On Mar 9, 2015, John Carroll (Executive Vice President) sold 100,000 shares at $62.80 per share price, according to the Form-4 filing with the securities and exchange commission.

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 Company’s brands include Almond Dream Arrowhead Mills BluePrint Celestial Seasonings Cully & Sully Danival DeBoles Earth’s Best Ella’s Kitchen Europe’s Best Farmhouse Fare Frank Cooper’s Gale’s Garden of Eatin’ GG UniqueFiber Hartley’s Health Valley Imagine Johnson’s Juice Co. Lima Linda McCartney MaraNatha New Covent Garden Soup Co. Rice Dream Robertson’s Rudi’s Organic Bakery Rudi’s 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 Earth’s Best JASON and Queen Helene brands. In addition it offers the Joya and Happy brands.

Hain Celestial Group Inc

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