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UPDATE: Canaccord Genuity Reiterates Buy Rating, Raises PT on Hain Celestial Group

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In a report published Monday, Canaccord Genuity reiterated its Buy rating on Hain Celestial Group (NASDAQ: HAIN), and raised its price target from $52.00 to $66.00.

Canaccord Genuity noted, “We maintain our BUY rating and continue to believe that improving growth of natural/organic foods, coupled with increased distribution and geographic expansion, will deliver acceleration in financial results and the share price.”

Hain Celestial Group closed on Friday at $59.26.

Latest Ratings for HAIN

DateFirmActionFromTo
Apr 2016Atlantic EquitiesInitiates Coverage onNeutral
Feb 2016UBSInitiates Coverage onBuy
Feb 2016Piper JaffrayDowngradesOverweightNeutral

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Posted-In: Canaccord GenuityAnalyst Color Price Target Analyst Ratings

 

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