Canaccord Genuity Maintains a 'Buy' on Hain Celestial (HAIN); Fine-Tuning Estimates

Canaccord Genuity maintains a 'Buy' on Hain Celestial (NASDAQ: HAIN) price target raised from $41 to $45.

Analyst, Scott Van Winkle, said, "We maintain our rating and continue to believe that improving growth of natural/organic foods will deliver acceleration in financial results and the share price."

"Maintaining F2012 EPS estimate of $1.73 while raising Q3 EPS by $0.02 to $0.49 from $0.47, offset by Q4 adjustment...Raising F2013 EPS to $2.00 from $1.93 on essentially unchanged revenue and margins."

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 $41.90 yesterday.

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