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Zambeef Products PLC (LON:ZAM) target price raised to 20.00GBX, issued a report today by finnCap

Yesterday Zambeef Products PLC (LON:ZAM) traded 4.92% higher at 16.50GBX. The company’s 50-day moving average is 14.79GBX and its 200-day moving average is 9.74GBX. The last closing price is up 64.20% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,031,415 shares of the stock were exchanged, up from an average trading volume of 331,197

Zambeef Products PLC (LON:ZAM) had its target price raised to 20.00GBX by finnCap in a report released Friday September 30, 2016. The new target price indicates a possible upside of 0.21% based on the company's last closing price.

Previously on 8/04/2016, FinnCap reported on Zambeef Products PLC (LON:ZAM) raised the target price from 0.00GBX to 15.00GBX. At the time, this indicated a possible upside of 0.28%.

See Chart Below

Zambeef Products PLC (LON:ZAM)

Zambeef Products PLC has a 52 week low of 5.40GBX and a 52 week high of 17.25GBX The company’s market cap is currently 0 GBX.

In addition to finnCap reporting its target price, a total of 1 broker has issued a report on the stock. The consensus target price is 0.22GBX with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Zambeef Products PLC (LON:ZAM)

Zambeef Products PLC is engaged in agribusinesses in Zambia. The Company is involved in the production, processing, distribution and retailing of beef, chickens, pork, milk, eggs, dairy products, fish, flour and stock feed throughout Zambia and the surrounding region, as well as Nigeria and Ghana. The Company's divisions include Beef, Chicken, Pork, Crops, Stock feed, Eggs, Fish, Milk and Dairy, Edible oils, Mill and Bakery, Leather and Shoe, Master Meats (Nigeria) and Master Meats (Ghana). The Company's reporting entities are Zambeef, Retailing, Zam Chick, Zamanita, Master Pork, Zampalm and Other. The Company has row cropping operations (principally maize, soya beans and wheat) with approximately 8,120 hectares of row crops under irrigation and over 8,480 hectares of rain-fed/dry-land crops available for planting. The Company is also involved in the process of rolling out its West Africa expansion in Nigeria and Ghana, as well as a palm project within Zambia.

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