Amira Nature Foods Ltd (NYSE:ANFI) has earned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Brokerages have set a 1-year consensus price target of $8.00 for the company, according to Zacks. Zacks has also given Amira Nature Foods an industry rank of 227 out of 265 based on the ratings given to its competitors.

Separately, BMO Capital Markets cut Amira Nature Foods from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $18.00 to $8.00 in a report on Tuesday, August 18th.

Amira Nature Foods (NYSE:ANFI) opened at 7.92 on Wednesday. The stock has a market capitalization of $284.58 million and a PE ratio of 5.62. Amira Nature Foods has a 12-month low of $2.51 and a 12-month high of $14.74. The stock’s 50 day moving average price is $7.36 and its 200-day moving average price is $8.08.

Amira Nature Foods Ltd. (NYSE:ANFI) is a provider of packaged Indian specialty rice and other related rice based products. The Company’s products include snacks, ready-to-heat meals, organic product offerings, wheat, barley and legumes. ANFI sells Basmati rice, a long-grain variety of rice grown only in certain regions of the Indian sub-continent, under the brand name Amira. Amira branded products are sold by retailers such as Bharti, Big Bazaar, Carrefour, Costco, easyday, Jetro Restaurant Depot, Smart & Final, Spencer’s and Tesco. In emerging markets, its products are sold by retailers and supermarkets and privately-owned independent stores. The Company operates a fully-automated and integrated processing and milling facility that is strategically located in the vicinity of the key Basmati rice paddy producing regions of northern India. The facility spans a covered area of approximately 310,000 square feet, with a processing capacity of approximately 24 metric tons of paddy per hour.


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