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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