Jefferies Starts Amira Nature Foods Ltd. (ANFI) at Buy
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Price: $8.60 +0.47%
Rating Summary:
3 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 2 | New: 2
Rating Summary:
3 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 2 | New: 2
Trade ANFI Now!
Jefferies initiates coverage on recent IPO Amira Nature Foods Ltd. (NYSE: ANFI) with a Buy. PT $11.00.
The firm comments: "We see ANFI as an appealing opportunity to invest in a fast growing int’l packaged food co. that has ambitious growth goals. The co. should benefit from the exploitation of geographic white space opportunities, the trend to more ethnic eating in developed markets and uptrading in emerging markets."
NOTE: JEF was lead-manager in ANFI's IPO last month.
For an analyst ratings summary and ratings history on Amira Nature Foods Ltd. click here. For more ratings news on Amira Nature Foods Ltd. click here.
Shares of Amira Nature Foods Ltd. closed at $8.45 yesterday, with a 52 week range of $7.45-$10.24.
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The firm comments: "We see ANFI as an appealing opportunity to invest in a fast growing int’l packaged food co. that has ambitious growth goals. The co. should benefit from the exploitation of geographic white space opportunities, the trend to more ethnic eating in developed markets and uptrading in emerging markets."
NOTE: JEF was lead-manager in ANFI's IPO last month.
For an analyst ratings summary and ratings history on Amira Nature Foods Ltd. click here. For more ratings news on Amira Nature Foods Ltd. click here.
Shares of Amira Nature Foods Ltd. closed at $8.45 yesterday, with a 52 week range of $7.45-$10.24.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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