KeyCorp Increases Amira Nature Foods Price Target to $27.00 (ANFI)
Stock analysts at KeyCorp lifted their target price on shares of Amira Nature Foods (NYSE:ANFI) from $20.00 to $27.00 in a report issued on Thursday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. KeyCorp’s price target points to a potential upside of 20.27% from the stock’s previous close.
Separately, analysts at Deutsche Bank downgraded shares of Amira Nature Foods from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. They noted that the move was a valuation call.
Shares of Amira Nature Foods (NYSE:ANFI) traded up 5.60% on Thursday, hitting $22.45. The stock had a trading volume of 408,958 shares. Amira Nature Foods has a 52-week low of $6.35 and a 52-week high of $22.58. The stock’s 50-day moving average is $19.27 and its 200-day moving average is $14.34. The company has a market cap of $800.9 million and a P/E ratio of 24.49.
Amira Nature Foods Ltd. is a provider of packaged Indian specialty rice, with sales in over 40 countries.
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