Jefferies Maintains a 'Buy' on Hain Celestial (HAIN); Surprisingly Good

August 23, 2012 8:33 AM EDT
Get Alerts HAIN Hot Sheet
Price: $0.58 -3.33%

Rating Summary:
    6 Buy, 28 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Jefferies maintains a 'Buy' on Hain Celestial (NASDAQ: HAIN) price target of $55.00.

Analyst, Scott A. Mushkin, said, "HAIN reported a strong 4Q, driven by performance in the U.S. and surprisingly good results out of the U.K./Europe. While the outlook for business in North America appears to be accelerating, HAIN is also showing good strategic vision as demonstrated by the acquisition of certain Premier Foods plc brands. This combination continues to suggest that the stock remains a core growth holding."

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 $56.91 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments

Related Entities

Jefferies & Co