The Hain Celestial Group Inc. (NASDAQ:HAIN)‘s stock had its “hold” rating restated by SunTrust Banks Inc. in a report issued on Sunday.

Several other equities research analysts have also issued reports on the company. Atlantic Securities raised The Hain Celestial Group from an “underweight” rating to a “neutral” rating in a research note on Friday. Bank of America Corp. raised The Hain Celestial Group from an “underperform” rating to a “neutral” rating and set a $41.00 price objective for the company in a research note on Friday. Jefferies Group reissued a “buy” rating on shares of The Hain Celestial Group in a research note on Thursday. Susquehanna assumed coverage on The Hain Celestial Group in a research note on Monday, October 24th. They set a “positive” rating and a $45.00 price objective for the company. Finally, TheStreet lowered The Hain Celestial Group from a “buy” rating to a “hold” rating in a research note on Wednesday, August 31st. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the stock. The Hain Celestial Group has a consensus rating of “Hold” and a consensus target price of $46.43.

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

The Hain Celestial Group (NASDAQ:HAIN) opened at 38.62 on Friday. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of 19.33 and a beta of 0.93. The Hain Celestial Group has a 1-year low of $33.12 and a 1-year high of $56.99. The firm’s 50-day moving average price is $35.89 and its 200 day moving average price is $43.33.

Hedge funds have recently modified their holdings of the company. Acrospire Investment Management LLC boosted its stake in shares of The Hain Celestial Group by 37.5% in the second quarter. Acrospire Investment Management LLC now owns 2,200 shares of the company’s stock worth $109,000 after buying an additional 600 shares in the last quarter. Commonwealth Bank of Australia bought a new stake in shares of The Hain Celestial Group during the third quarter worth approximately $125,000. Huntington National Bank boosted its stake in shares of The Hain Celestial Group by 69.4% in the second quarter. Huntington National Bank now owns 2,761 shares of the company’s stock worth $137,000 after buying an additional 1,131 shares in the last quarter. FineMark National Bank & Trust boosted its stake in shares of The Hain Celestial Group by 501.8% in the third quarter. FineMark National Bank & Trust now owns 3,990 shares of the company’s stock worth $142,000 after buying an additional 3,327 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of The Hain Celestial Group by 40.0% in the second quarter. IFP Advisors Inc now owns 2,983 shares of the company’s stock worth $148,000 after buying an additional 853 shares in the last quarter. 79.48% of the stock is currently owned by hedge funds and other institutional investors.

About The Hain Celestial Group

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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