Anpario (LON:ANP) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Anpario (LON:ANP) had its price target raised by equities researchers at Canaccord Genuity Group from GBX 570 to GBX 600 in a research note issued on Friday, London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 31.84% from the stock’s previous close.

Separately, Shore Capital Group reissued a “house stock” rating on shares of Anpario in a research report on Monday, August 17th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Anpario currently has an average rating of “Buy” and a consensus price target of GBX 600.

Anpario Stock Down 3.7%

ANP stock opened at GBX 455.10 on Friday. The business has a 50 day moving average of GBX 529.75 and a 200 day moving average of GBX 516.08. The firm has a market cap of £74.12 million, a PE ratio of 12.00 and a beta of 1.08. Anpario has a twelve month low of GBX 391.11 and a twelve month high of GBX 580. The company has a quick ratio of 5.16, a current ratio of 6.29 and a debt-to-equity ratio of 0.60.

Anpario (LON:ANP) last issued its quarterly earnings results on Wednesday, September 9th. The company reported GBX 22.45 earnings per share for the quarter. Anpario had a return on equity of 17.05% and a net margin of 14.53%. On average, research analysts forecast that Anpario will post 23.5757801 EPS for the current fiscal year.

About Anpario

Anpario plc, together with its subsidiaries, engages in the production and distribution of natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.