The Hain Celestial Group Inc. (NASDAQ:HAIN) was upgraded by research analysts at Bank of America Corp. from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Friday.

Several other equities research analysts have also commented on the stock. Susquehanna started coverage on shares of The Hain Celestial Group in a research report on Monday, October 24th. They issued a “positive” rating and a $45.00 price objective on the stock. Atlantic Securities downgraded shares of The Hain Celestial Group from a “neutral” rating to an “underweight” rating and cut their target price for the company from $48.00 to $40.00 in a research note on Tuesday, August 16th. Wunderlich reissued a “buy” rating and issued a $52.00 target price on shares of The Hain Celestial Group in a research note on Tuesday, August 16th. TheStreet downgraded shares of The Hain Celestial Group from a “buy” rating to a “hold” rating in a research note on Wednesday, August 31st. Finally, Jefferies Group reissued a “buy” rating on shares of The Hain Celestial Group in a research note on Thursday. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the stock. The Hain Celestial Group has an average rating of “Hold” and a consensus target price of $46.36.

Analyst Recommendations for The Hain Celestial Group (NASDAQ:HAIN)

The Hain Celestial Group (NASDAQ:HAIN) opened at 38.72 on Friday. The stock has a 50 day moving average of $35.86 and a 200 day moving average of $43.32. The Hain Celestial Group has a 1-year low of $33.12 and a 1-year high of $56.99. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 19.38 and a beta of 0.93.

A number of institutional investors have recently added to or reduced their stakes in HAIN. Dynamic Advisors Solutions LLC boosted its position in The Hain Celestial Group by 0.3% in the second quarter. Dynamic Advisors Solutions LLC now owns 12,157 shares of the company’s stock worth $605,000 after buying an additional 40 shares in the last quarter. Northwestern Mutual Investment Management Company LLC boosted its position in The Hain Celestial Group by 0.4% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 17,859 shares of the company’s stock worth $888,000 after buying an additional 72 shares in the last quarter. Utah Retirement Systems boosted its position in The Hain Celestial Group by 0.5% in the second quarter. Utah Retirement Systems now owns 18,500 shares of the company’s stock worth $920,000 after buying an additional 100 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in The Hain Celestial Group by 0.8% in the second quarter. PNC Financial Services Group Inc. now owns 21,917 shares of the company’s stock worth $1,090,000 after buying an additional 183 shares in the last quarter. Finally, Woodstock Corp boosted its position in The Hain Celestial Group by 0.3% in the second quarter. Woodstock Corp now owns 79,568 shares of the company’s stock worth $3,959,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 79.48% of the company’s stock.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, distributes and sells organic and natural products under brand names, which are sold as better-for-you products. The Company operates in five segments: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. The Company’s brands include Almond Dream, Arrowhead Mills, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earth’s Best, Ella’s Kitchen, Europe’s Best, Farmhouse Fare, Frank Cooper’s, Gale’s, Garden of Eatin’, GG UniqueFiber, Hartley’s, Health Valley, Imagine, Johnson’s Juice Co, Lima, Linda McCartney, MaraNatha, New Covent Garden Soup Co, Rice Dream, Robertson’s, Rudi’s Organic Bakery, Rudi’s Gluten-Free Bakery, Sensible Portions, Spectrum, Spectrum Essentials and Soy Dream, among others.

5 Day Chart for NASDAQ:HAIN

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