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.
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.