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What Analysts Recommend for Hain Celestial Stock

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Apr. 21 2018, Updated 8:00 a.m. ET

Why analysts have recommended “hold”

As demand for organic food increases, Hain Celestial’s (HAIN) growth prospects look bright. The company has an extensive cost-containment initiative, Project Terra. However, increasing brand marketing, commodity inflation, rising freight costs, and stiff competition continue to be a concern. The company’s US segment has continued to underperform, adding to its woes. This year, Hain Celestial’s stock price had fallen 24.7% as of April 17, 2018.

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Most analysts have recommended “hold” for Hain Celestial. As of April 17, 2018, of the 19 analysts covering the stock, 32% have recommended “buy,” 63% have recommended “hold,” and the remaining 5.0% have recommended “sell.” Analysts’ 12-month average target price for the company is $40, which reflects a ~25.3% upside based on its stock price on April 17, 2018.

Where do peers stand?

Of the 23 analysts covering Kellogg (K), 30% have recommended “buy,” and 56% have recommended “hold.” Currently, analysts’ target price for Kellogg’s is $72.30, reflecting a 13.3% upside based on its April 17 price.

For Campbell Soup (CPB), ~17% of analysts recommended “buy,” and 44% recommended “hold.” Campbell Soup’s mean target price is $46.33, which indicates an 8.9% upside based on its April 17 price.

Conagra Brands (CAG) received “hold” recommendations from 29% of analysts, while 71% recommended “buy.” The stock’s target price is $41.79, implying an 11.4% upside based on its April 17 price.

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