Canaccord Genuity Group Forecasts Strong Price Appreciation for Anpario (LON:ANP) Stock

Anpario (LON:ANP) had its price target hoisted by equities research analysts at Canaccord Genuity Group from GBX 550 to GBX 570 in a research note issued on Thursday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 3.64% from the stock’s previous close.

Separately, Shore Capital restated a “house stock” rating on shares of Anpario in a report on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Anpario presently has a consensus rating of “Buy” and a consensus price target of GBX 570.

Anpario Stock Up 3.8%

ANP stock opened at GBX 550 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 6.15 and a quick ratio of 5.16. The firm has a market capitalization of £93.20 million, a P/E ratio of 18.51 and a beta of 0.58. Anpario has a 52-week low of GBX 286 and a 52-week high of GBX 570. The company’s 50 day simple moving average is GBX 489.46 and its 200-day simple moving average is GBX 461.94.

About Anpario

Anpario plc, together with its subsidiaries, engages in the production and distribution of natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.