Will This Price Target Increase Help Hain Celestial (HAIN) Stock Today?

NEW YORK (TheStreet) -- Citigroup boosted its price target on Hain Celestial  (HAIN) to $114, increased its estimates and set a "buy" rating. The firm said the company continues to see higher consumption.

The stock closed at $95.83 on Thursday.

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Separately, TheStreet Ratings team rates HAIN CELESTIAL GROUP INC as a "buy" with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:

"We rate HAIN CELESTIAL GROUP INC (HAIN) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."

You can view the full analysis from the report here: HAIN Ratings Report

HAIN Chart HAIN data by YCharts

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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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