Amira Nature Foods Ltd (NYSE:ANFI) has been tagged as a value stock by Zacks Research. Value stock investors are those investors who track stock that are trading at a lower price relative to their fundamentals, such as sales, dividends and earnings. A value stock is characterised by low price to book ratio or low price to earnings ratio. Value investors’ philosophy is that a stock’s current market value is not always a true reflection of the company’s real performance.

Zacks Research has assigned a rating of 3 to the stock of Amira Nature Foods Ltd (NYSE:ANFI). The rating represents a number on a simplified scale of 1-5, where 1 means a Buy and 5 denotes a Sell. The rating reflects the market consensus of 1 brokerage firms covering the stock.

Price Forecast

The sell-side analysts covering the stock have kept its price target at 8. The most bullish and bearish price estimates for the stock stand at $8 and $8 respectively.
Ahead of the Amira Nature Foods Ltd’s earnings report, the brokerage firms are projecting earnings per share of $N/A for the quarter. In its most recent fiscal quarter ended on N/A, the company reported EPS of $N/A, which resulted in a surprise factor of N/A% as against the analysts’ consensus. Amira Nature Foods Ltd is set to announce its quarterly report on 2015-12-30.

AMIRA offers an extensive portfolio of brands that have been carefully developed to appeal to local markets around the world. Customer tastes and expectations have been finely segmented to deliver authentic flavors that go well with a variety of popular cuisines. Consumer palettes across the market segments have been well researched and adapted to suit the requirements of various trade channels. AMIRA has expanded its product line into snacks, Ready-to-eat and organic food products.

AMIRA branded basmati rice comes from the foot hills of the Himalayas, an area dedicated to the cultivation and production of basmati rice. The rice is aged for up to a year before being processed, then prepared at a state-of-the-art treatment plant that preserves all its purity in perfect hygiene.

AMIRA has expanded its portfolio to include brands of oils, dairy products, snacks, and ready-to-eat meals. For more information visit https://www.amira.net