Armanino Foods of Distinction (OTCMKTS:AMNF) Earns Buy Rating from Analysts at Lake Street Capital

Lake Street Capital assumed coverage on shares of Armanino Foods of Distinction (OTCMKTS:AMNF) in a report released on Thursday, MarketBeat.com reports. The firm issued a buy rating and a $15.00 price objective on the stock.

AMNF has been the topic of several other reports. Zacks Research upgraded Armanino Foods of Distinction to a “hold” rating in a report on Monday, January 26th. Roth Mkm began coverage on shares of Armanino Foods of Distinction in a research report on Friday, January 23rd. They issued a “buy” rating and a $15.00 price target on the stock. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $15.00.

Armanino Foods of Distinction Trading Down 1.3%

Shares of AMNF opened at $11.17 on Thursday. The stock’s 50-day moving average price is $11.46 and its two-hundred day moving average price is $10.61. Armanino Foods of Distinction has a 12 month low of $7.27 and a 12 month high of $12.25. The company has a market capitalization of $347.07 million, a PE ratio of 20.30 and a beta of 0.09.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc (OTCMKTS:AMNF) is a U.S.-based food manufacturer specializing in cheese- and dairy-based products. Its product portfolio encompasses processed cheeses, cream cheeses, shredded and grated cheeses, dips, spreads and flavored cheese seasonings. Armanino Foods serves private-label customers, foodservice operators and industrial food producers, offering custom formulation and co-packing solutions to meet diverse market requirements.

Headquartered in Missouri, Armanino Foods operates multiple manufacturing facilities equipped for large-scale dairy processing, blending and packaging.