Retail
Hansen Natural (HANS): Goldman Sachs Says $52 On Its Own or $70 in Buyout
Published:
Hansen Natural Corp. (HANS-NASDAQ) was added to the Americas Buy List at Goldman Sachs with a potential 30% return expected based on a $52.00 price target because of new discounted cash flow and revised P/E targets. Interestingly enough, Goldman said that Hansen could have significant upside as a takeover candidate, and based on the Vitamin Water purchase it could even fetch $70.00 per share. Another bonus is the focus of management can focus on growth rather than the Budweiser distribution problems and the options investigations now that those are completed. Goldman also noted that new products and expanded geography will help the top-line. Shares of HANS are trading up almost 4% pre-market above $41.00. Its 52-week trading range is $24.75 to $52.72, and the market cap as of the close was roughly $3.6 Billion.
Jon C. Ogg
June 15, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
