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Amira Nature Foods Ltd. Given a $21.00 Price Target at Jefferies Group (ANFI)

Jefferies Group set a $21.00 price target on Amira Nature Foods Ltd (NYSE:ANFI) in a research note issued to investors on Tuesday, Stock Ratings Network.com reports. <br>https://www.amira.net/amira-nature-foods-ltd-given-a-21-00-price-target-at-jefferies-group-anfi/<br>

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Amira Nature Foods Ltd. Given a $21.00 Price Target at Jefferies Group (ANFI)

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  1. Jefferies Group set a $21.00 price target on Amira Nature Foods Ltd (NYSE:ANFI) in a research note issued to investors on Tuesday, Stock Ratings Network.com reports. The firm currently has a buy rating on the stock.

  2. Jefferies Group has also modified their ratings on a number of other stocks in the few days. The firm initiated coverage on shares of Foster Wheeler Ltd.. They issued a hold rating on that stock. Also, Jefferies Group raised its price target on shares of Methanex Corporation to $65.00. They have a buy rating on that stock. Amira Nature Foods Ltd (NYSE:ANFI) traded down 0.12% on Tuesday, hitting $14.0132. The stock had a trading volume of 91,744 shares.

  3. Amira Nature Foods Ltd has a 52 week low of $6.25 and a 52 week high of $14.85. The stock’s 50-day moving average is $11.08 and its 200-day moving average is $8.84. The company has a market cap of $499.9 million and a P/E ratio of 19.96. Amira Nature Foods Ltd (NYSE:ANFI) last announced its earnings results on Monday, August 26th. The company reported $0.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.10 by $0.11. The company had revenue of $110.30 million for the quarter, compared to the consensus estimate of $98.84 million. Analysts expect that Amira Nature Foods Ltd will post $0.96 EPS for the current fiscal year.

  4. A number of other firms have also recently commented on ANFI. Analysts at Deutsche Bank reiterated a buy rating on shares of Amira Nature Foods Ltd in a research note to investors on Wednesday, October 2nd. They now have a $15.00 price target on the stock, up previously from $13.00. Separately, analysts at KeyCorp raised their price target on shares of Amira Nature Foods Ltd from $12.00 to $15.00 in a research note to investors on Wednesday, September 18th.

  5. They now have a buy rating on the stock. Finally, analysts at Zacks upgraded shares of Amira Nature Foods Ltd from a neutral rating to an outperform rating in a research note to investors on Wednesday, August 28th. They now have a $9.60 price target on the stock. Six investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and an average price target of $14.52.Amira Nature Foods Ltd. is a provider of packaged Indian specialty rice, with sales in over 40 countries.

  6. About Amira Nature FoodsFounded in 1915, Amira has evolved into a leading global provider of packaged Indian specialty rice, with sales in over 40 countries today. Amira sells Basmati rice, premium long-grain rice grown only in certain regions of the Indian sub-continent, under their flagship Amira brand as well as under other third party brands. Amira sells its products primarily in emerging markets through a broad distribution network. Amira’s headquarters are in Dubai, United Arab Emirates, and it also has offices in India, Malaysia, Singapore, the United Kingdom, and the United States.

  7. For More Information: https://www.amira.net/amira-nature-foods-ltd-given-a-21-00-price-target-at-jefferies-group-anfi/

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