Vetr upgraded shares of Amira Nature Foods Ltd. (NYSE:ANFI) from a hold rating to a buy rating in a research note issued to investors on Thursday morning. The brokerage currently has $8.55 price objective on the stock.

Separately, Jefferies Group began coverage on shares of Amira Nature Foods in a report on Wednesday, September 21st. They set a buy rating and a $13.00 price target for the company.

Amira Nature Foods (NYSE:ANFI) traded up 1.0963% during mid-day trading on Thursday, reaching $8.2899. 19,750 shares of the company traded hands. Amira Nature Foods has a one year low of $4.38 and a one year high of $14.09. The firm has a market cap of $296.87 million, a PE ratio of 9.2625 and a beta of -0.12. The stock’s 50-day moving average price is $7.64 and its 200-day moving average price is $7.85.

Several large investors have recently modified their holdings of ANFI. Nwam LLC boosted its stake in shares of Amira Nature Foods by 21.7% in the second quarter. Nwam LLC now owns 38,750 shares of the company’s stock valued at $287,000 after buying an additional 6,900 shares in the last quarter. Jefferies Group LLC boosted its stake in shares of Amira Nature Foods by 133.6% in the second quarter. Jefferies Group LLC now owns 26,577 shares of the company’s stock valued at $197,000 after buying an additional 15,200 shares in the last quarter. FMR LLC boosted its stake in shares of Amira Nature Foods by 1.7% in the second quarter. FMR LLC now owns 3,263,662 shares of the company’s stock valued at $24,151,000 after buying an additional 54,300 shares in the last quarter. UBS Asset Management Americas Inc. acquired a new stake in shares of Amira Nature Foods during the second quarter valued at approximately $874,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Amira Nature Foods during the first quarter valued at approximately $1,870,000. Institutional investors own 13.97% of the company’s stock.

About Amira Nature Foods

Amira Nature Foods Limited is a provider of branded packaged Indian specialty rice and other products. The Company sells its products primarily under the Amira brand name to retailers, as well as foodservice customers. The Company offers a portfolio of brands that includes various brands of oils, dairy products, snacks and ready-to-eat meals.

5 Day Chart for NYSE:ANFI

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