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HAIN

Hain Celestial

$32.66

-0.5 (-1.51%)

06:15
06/23/17
06/23
06:15
06/23/17
06:15

Hain Celestial downgraded to Neutral from Overweight at JPMorgan

JP Morgan analsyt Ken Goldman downgraded Hain Celestiral to Neutral and lowered its price target to $35 from $43 saying fundamentals have worsened more than feared and guidance seems "slightly" optimistic. Following the disappointing Q3 report, Goldman believes Hain is trading close to fair value, even if it were to divest the Hain Pure Protein business.

  • 27

    Jun

HAIN Hain Celestial
$32.66

-0.5 (-1.51%)

05/12/17
JEFF
05/12/17
NO CHANGE
Target $50
JEFF
Buy
Jefferies sees lower probability of delisting for Hain Celestial
Jefferies analyst Akshay Jagdale believes last night's filing from Hain Celestial provides greater certainty on the potential timing of the completion of the accounting review and lowers the probability of a delisting and/or covenant extension. Left unclear, however, is the outcome of the accounting review, the analyst adds. Jagdale continues to believe the accounting review should result in a non-material impact on earnings. He keeps a Buy rating on Hain and $50 price target.
05/17/17
OPCO
05/17/17
NO CHANGE
OPCO
Perform
Hain Celestial shares could bottom in low $30s, says Oppenheimer
Oppenheimer analyst Rupesh Parikh sees bottom in the low $30's range for Hain Celestial shares based on his updated earnings and EBITDA projections. The stock closed yesterday down 37c to $37.28. The analyst notes, however, that he has "no way of accurately forecasting the accounting adjustment" likely to be announced by the end of May. He views this event as a "wildcard" and keeps a Perform rating on Hain.
05/31/17
JEFF
05/31/17
NO CHANGE
Target $50
JEFF
Buy
Hain Celestial missed another deadline, says Jefferies
"Missing another deadline is not good news," Jefferies analyst Akshay Jagdale tells investors in a research note after Hain Celestial announced another credit facility extension and waiver. Three weeks after saying it "anticipates being in a position" to be current on its reporting by the end May, Hain last night announced it now "intends" to be current by June 15, Jagdale writes. He believes, though, that another two weeks after not reporting for a year "is not the end of the world." The analyst also finds Hain's cash position announced last night as encouraging. Jagdale keeps a Buy rating on the shares with a $50 price target.
06/22/17
RHCO
06/22/17
NO CHANGE
RHCO
Hain Celestial guidance will be tough to meet, says SunTrust
After Hain provided EBITDA guidance that came in below the consensus outlook, SunTrust analyst William B. Chappell, Jr., nonetheless thinks that the company will have difficulty meeting the guidance. He keeps a hold rating on the shares.

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