Vetr lowered shares of Amira Nature Foods Ltd. (NYSE:ANFI) from a buy rating to a hold rating in a report published on Tuesday. They currently have $8.55 price objective on the stock.

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

Shares of Amira Nature Foods (NYSE:ANFI) opened at 8.42 on Tuesday. The firm’s 50-day moving average price is $7.80 and its 200 day moving average price is $7.72. The company has a market cap of $301.53 million, a price-to-earnings ratio of 9.41 and a beta of -0.12. Amira Nature Foods has a 12-month low of $4.38 and a 12-month high of $14.09.

Institutional investors have recently modified their holdings of the company. Jefferies Group LLC raised its position 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 worth $197,000 after buying an additional 15,200 shares during the period. Nwam LLC raised its position 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 worth $287,000 after buying an additional 6,900 shares during the period. UBS Asset Management Americas Inc. purchased a new position in shares of Amira Nature Foods during the second quarter worth about $874,000. Envestnet Asset Management Inc. purchased a new position in shares of Amira Nature Foods during the first quarter worth about $1,870,000. Finally, FMR LLC raised its position 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 worth $24,151,000 after buying an additional 54,300 shares during the period. Institutional investors own 13.90% 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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