Shares of Amira Nature Foods Ltd (NYSE:ANFI) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokerages have set a one year consensus price target of $6.00 for the company, according to Zacks. Zacks has also assigned Amira Nature Foods an industry rank of 69 out of 255 based on the ratings given to its competitors.
Separately, Jefferies Financial Group reiterated a “buy” rating and issued a $6.00 target price on shares of Amira Nature Foods in a research note on Thursday, March 21st.
Shares of ANFI traded up $0.05 during trading hours on Friday, hitting $1.59. The company’s stock had a trading volume of 950 shares, compared to its average volume of 701,040. The company has a market capitalization of $57.06 million, a price-to-earnings ratio of -17.33 and a beta of 2.37. Amira Nature Foods has a 52-week low of $0.30 and a 52-week high of $4.25.
An institutional investor recently bought a new position in Amira Nature Foods stock. Raging Capital Management LLC bought a new position in Amira Nature Foods Ltd (NYSE:ANFI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 144,396 shares of the company’s stock, valued at approximately $61,000. Raging Capital Management LLC owned approximately 0.39% of Amira Nature Foods as of its most recent SEC filing. Institutional investors own 12.72% of the company’s stock.
Amira Nature Foods Company Profile
Amira Nature Foods Ltd. engages in processing, sourcing, and selling packaged Indian specialty rice. The company provides various types of basmati rice, other specialty rice and other food products, ready-to-eat snacks, edible oils, and organic products for retailers under the Amira brand; and non-basmati rice.
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