Monday, 14 October 2013

Amira Nature Foods Ltd

Amira Nature Foods Ltd (NYSE:ANFI) traded down 0.12% on Tuesday, hitting $14.0132. The stock
had a trading volume of 91,744 shares. Amira Nature Foods Ltd has a 52 week low of $6.25 and a
52 week high of $14.85. The stock’s 50-day moving average is $11.08 and its 200-day moving
average is $8.84. The company has a market cap of $499.9 million and a P/E ratio of 19.96.
Amira Nature Foods Ltd (NYSE:ANFI) last announced its earnings results on Monday, August 26th.
The company reported $0.21 earnings per share for the quarter, beating the analysts’ consensus
estimate of $0.10 by $0.11. The company had revenue of $110.30 million for the quarter, compared
to the consensus estimate of $98.84 million. Analysts expect that Amira Nature Foods Ltd will post
$0.96 EPS for the current fiscal year.
A number of other firms have also recently commented on ANFI. Analysts at Deutsche Bank
reiterated a buy rating on shares of Amira Nature Foods Ltd in a research note to investors on
Wednesday, October 2nd. They now have a $15.00 price target on the stock, up previously from
$13.00. Separately, analysts at KeyCorp raised their price target on shares of Amira Nature Foods
Ltd from $12.00 to $15.00 in a research note to investors on Wednesday, September 18th. They
now have a buy rating on the stock. Finally, analysts at Zacks upgraded shares of Amira Nature
Foods Ltd from a neutral rating to an outperform rating in a research note to investors on
Wednesday, August 28th. They now have a $9.60 price target on the stock. Six investment analysts
have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and an
average price target of $14.52.
Amira Nature Foods Ltd. is a provider of packaged Indian specialty rice, with sales in over 40
countries.



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