Hain Celestial (HAIN) received a Buy rating and a $25 price target from Maxim Group analyst Anthony Vendetti today. The company’s shares closed yesterday at $17.77, close to its 52-week low of $14.45.
“HAIN’s new CEO has initiated a major overhaul of its US business as it shifts its core philosophy from driving revenue growth at any cost to reducing complexity and generating sustainable profitable growth.”
According to TipRanks.com, Vendetti is a 4-star analyst with an average return of 6.1% and a 52.1% success rate. Vendetti covers the Healthcare sector, focusing on stocks such as Ellex Medical Lasers Limited, Restoration Robotics Inc, and Sensus Healthcare Inc.
Hain Celestial has an analyst consensus of Moderate Buy, with a price target consensus of $20.20, implying a 13.7% upside from current levels. In a report issued on February 14, Citigroup also maintained a Buy rating on the stock with a $21 price target.
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The company has a one-year high of $36.15 and a one-year low of $14.45. Currently, Hain Celestial has an average volume of 2.03M.
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Hain Celestial Group, Inc. engages in the production and distribution of organic and natural products. Its brands include Celestial Seasonings, Earth’s Best, Ella’s Kitchen, Terra, Garden of Eatin, Sensible Portions, and Health Valley. It operates through the following geographical segments: United States, United Kingdom, and Rest of World.