Jefferies Group announced Amira Nature Foods Ltd (NYSE:ANFI), boosting its stock price target to $7.09 today
- Updated: September 24, 2016
In a report issued 9/21/2016 Jefferies Group bumped up the target of Amira Nature Foods Ltd (NYSE:ANFI) to $7.09 reporting a potential upside of 0%.
Having a price of $7.09, Amira Nature Foods Ltd (NYSE:ANFI) traded -0.26% lower on the day. With the last stock price down -3.94% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ANFI has recorded a 50-day average of $7.67 and a two hundred day average of $8.09. Trade Volume was down over the average, with 86,384 shares of ANFI changing hands under the typical 127,608
Recent Performance Chart
Amira Nature Foods Ltd has PE ratio of 8.68 with a one year low of $4.38 and a one year high of $14.09 and has a market capitalization of $0.
General Company Details For Amira Nature Foods Ltd (NYSE:ANFI)
Amira Nature Foods Ltd is primarily engaged in the business of processing and selling packaged Indian specialty rice, primarily basmati rice and other food products. The Company sells Basmati rice and other specialty rice, under its Amira brand, as well as under other third-party brands. It also sells non-basmati rice. It has developed a line of Amira branded products to complement its packaged rice offerings, including edible oil, snacks, ready-to-heat meals and a line of organic product offerings. It is engaged in the institutional sale of bulk commodities to international and regional trading firms, which includes wheat, barley, legume, maize, sugar, soybean meal, onion, potato, millet and others. Its Amira branded product line includes Amira Pure Basmati Rice, Amira Indian Basmati Rice, Smoked Basmati Rice, Amira Khichdi Rice, Amira Navratan Mix and others. The Company's third-party branded rice products include Euricom Brown Basmati Rice, Bonne Chance Long Grain Rice and others.
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