Hain Celestial Group (HAIN) Currency Headwinds Abating - RBC

RBC Capital analyst, David Palmer, increased his F3Q EPS on Hain Celestial (NASDAQ: HAIN) by a penny higher to reflect lower currency headwinds. He also updated organic/natural category analysis, which shows a widening spread between Hain's sales growth and that of its weighted average organic/natural categories. He remains cautious about Hain Celestial sales trajectory. No change to Sector Perform rating or price target of $42 based on 19x FY17 EPS of $2.21.

For an analyst ratings summary and ratings history on Hain Celestial click here. For more ratings news on Hain Celestial click here.

Shares of Hain Celestial closed at $41.78 yesterday.

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