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Hain Celestial (HAIN) Takeover by Pinnacle Foods (PF) Would Be Most Accertive - Jefferies

July 26, 2017 8:54 AM EDT

Jefferies analyst Akshay Jagdal weighed in on Hain Celestial (NASDAQ: HAIN) after additional work to quantify the company's M&A optionality following recent investor meetings with management.

"We believe there would be significant strategic interest in HAIN and that mgmt is a willing seller at the right price," Jagdal commented. "We analyzed 5 scenarios in which... More