The Hain Celestial Group Inc. (NASDAQ:HAIN) was upgraded by investment analysts at Atlantic Securities from an “underweight” rating to a “neutral” rating in a research note issued on Friday.

HAIN has been the subject of several other research reports. Buckingham Research dropped their price target on shares of The Hain Celestial Group from $44.00 to $40.00 and set a “neutral” rating for the company in a research report on Friday, August 26th. Susquehanna initiated coverage on shares of The Hain Celestial Group in a research report on Monday, October 24th. They set a “positive” rating and a $45.00 price target for the company. Bank of America Corp. raised shares of The Hain Celestial Group from an “underperform” rating to a “neutral” rating and set a $41.00 price target for the company in a research report on Friday. Jefferies Group reaffirmed a “buy” rating and set a $50.00 price target on shares of The Hain Celestial Group in a research report on Friday, September 23rd. Finally, Wunderlich reaffirmed a “buy” rating and set a $52.00 price target on shares of The Hain Celestial Group in a research report on Tuesday, August 16th. 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 currently has a consensus rating of “Hold” and an average price target of $46.43.

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

Shares of The Hain Celestial Group (NASDAQ:HAIN) opened at 39.45 on Friday. The stock’s 50 day moving average is $36.07 and its 200 day moving average is $43.27. The Hain Celestial Group has a 52-week low of $33.12 and a 52-week high of $56.99. The stock has a market capitalization of $4.08 billion, a PE ratio of 19.74 and a beta of 0.93.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Acrospire Investment Management LLC increased its position in 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 during the period. Huntington National Bank increased its position in 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 during the last quarter. IFP Advisors Inc increased its position in 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 during the last quarter. Commonwealth Bank of Australia acquired a new position in The Hain Celestial Group during the third quarter worth about $125,000. Finally, Krilogy Financial LLC increased its position in The Hain Celestial Group by 36.5% in the second quarter. Krilogy Financial LLC now owns 3,550 shares of the company’s stock worth $177,000 after buying an additional 950 shares during the last quarter. Hedge funds and other institutional investors own 83.69% 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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