Armanino Foods of Distinction (OTCMKTS:AMNF) Coverage Initiated at Lake Street Capital

Research analysts at Lake Street Capital initiated coverage on shares of Armanino Foods of Distinction (OTCMKTS:AMNF) in a research note issued on Thursday. The brokerage set a “buy” rating and a $15.00 price target on the stock. Lake Street Capital’s price objective indicates a potential upside of 31.81% from the stock’s previous close.

Several other analysts have also issued reports on the company. Zacks Research raised Armanino Foods of Distinction to a “hold” rating in a report on Monday, January 26th. Roth Mkm started coverage on Armanino Foods of Distinction in a research note on Friday, January 23rd. They set a “buy” rating and a $15.00 price objective for the company. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $15.00.

Armanino Foods of Distinction Price Performance

Shares of AMNF stock opened at $11.38 on Thursday. Armanino Foods of Distinction has a 1 year low of $7.27 and a 1 year high of $12.25. The firm has a fifty day moving average price of $11.46 and a 200-day moving average price of $10.58. The company has a market cap of $353.69 million, a price-to-earnings ratio of 20.69 and a beta of 0.09.

About Armanino Foods of Distinction

Armanino Foods of Distinction, Inc (OTCMKTS:AMNF) is a U.S.-based food manufacturer specializing in cheese- and dairy-based products. Its product portfolio encompasses processed cheeses, cream cheeses, shredded and grated cheeses, dips, spreads and flavored cheese seasonings. Armanino Foods serves private-label customers, foodservice operators and industrial food producers, offering custom formulation and co-packing solutions to meet diverse market requirements.

Headquartered in Missouri, Armanino Foods operates multiple manufacturing facilities equipped for large-scale dairy processing, blending and packaging.