What To Know About Evercore ISI Group's Downgrade of Hain Celestial Group

What To Know About Evercore ISI Group's Downgrade of Hain Celestial Group

Evercore ISI Group downgraded its rating of Hain Celestial Group HAIN to In-Line with a price target of $24.00, changing its price target from $30.00 to $24.00.

Shares of Hain Celestial Group are trading down 0.53% over the last 24 hours, at $18.64 per share.

A move to $24.00 would account for a 28.76% increase from the current share price.

About Hain Celestial Group

Hain Celestial makes better-for-you natural and organic food and personal-care products. Some of the company's most recognized U.S. brands (55% of fiscal 2022 sales) are Celestial Seasonings, Terra, Garden of Eatin', Sensible Portions, Greek Gods yogurt, and Earth's Best baby food. Hain also maintains several market-leading brands in the U.K. (26% of sales), such as Ella's Kitchen baby food, New Covent Garden soup, Linda McCartney's plant-based meats, Sun-Pat nut butters, and Hartley's jams and gelatins. Its products can be found in traditional grocery stores, natural foods supermarkets, specialty health stores, mass-market retailers, club warehouses, drugstores, convenience stores, restaurants, and e-commerce sites.

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Posted In: BZI-AAR-UPDATEAnalyst Ratings