Jefferies Believes Haemonetics Corp (HAE) Still Has Room to Grow


Jefferies analyst Anthony Petrone reiterated a Buy rating on Haemonetics Corp (NYSE: HAE) yesterday and set a price target of $125. The company’s shares closed yesterday at $105.51, close to its 52-week high of $108.37.

According to TipRanks.com, Petrone is a 4-star analyst with an average return of 15.0% and a 55.8% success rate. Petrone covers the Healthcare sector, focusing on stocks such as Varex Imaging Corporation, Varian Medical Systems, and Mallinckrodt.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Haemonetics Corp with a $105 average price target.

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The company has a one-year high of $108.37 and a one-year low of $41.10. Currently, Haemonetics Corp has an average volume of 769K.

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Haemonetics Corp. is a healthcare company, which engages in the development and distribution of hematology products and solutions. It operates through the following geographical segments: Japan, EMEA (Europe, the Middle East, and Africa), North America Plasma, and All Other.

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