Shares of Amira Nature Foods Ltd (NYSE:ANFI) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Analysts have set a 12-month consensus target price of $8.00 for the company, according to Zacks. Zacks has also given Amira Nature Foods an industry rank of 244 out of 265 based on the ratings given to related companies.

Several analysts have commented on the company. Zacks Investment Research upgraded Amira Nature Foods from a “strong sell” rating to a “hold” rating in a research note on Monday, August 14th. Jefferies Group LLC set a $8.00 target price on Amira Nature Foods and gave the company a “buy” rating in a research note on Sunday, October 29th.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nationwide Fund Advisors bought a new position in shares of Amira Nature Foods during the 3rd quarter valued at $182,000. GSA Capital Partners LLP lifted its holdings in shares of Amira Nature Foods by 104.2% during the 2nd quarter. GSA Capital Partners LLP now owns 36,836 shares of the company’s stock valued at $204,000 after buying an additional 18,800 shares during the period. KCG Holdings Inc. lifted its holdings in shares of Amira Nature Foods by 54.4% during the 1st quarter. KCG Holdings Inc. now owns 38,833 shares of the company’s stock valued at $208,000 after buying an additional 13,682 shares during the period. Wells Fargo & Company MN bought a new position in shares of Amira Nature Foods during the 3rd quarter valued at $210,000. Finally, Nwam LLC lifted its holdings in shares of Amira Nature Foods by 1.5% during the 2nd quarter. Nwam LLC now owns 51,400 shares of the company’s stock valued at $285,000 after buying an additional 750 shares during the period. 12.65% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Amira Nature Foods (ANFI) traded up $0.03 on Friday, reaching $5.52. The company’s stock had a trading volume of 83,000 shares, compared to its average volume of 117,369. Amira Nature Foods has a 1-year low of $4.50 and a 1-year high of $8.39.

About Amira Nature Foods

Amira Nature Foods Ltd is primarily engaged in the business of processing and selling packaged Indian specialty rice, primarily basmati rice and other food products. The Company sells Basmati rice and other specialty rice, under its Amira brand, as well as under other third-party brands. It also sells non-basmati rice.

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