BMO Capital Initiates Amira Nature Foods At Outperform

Courtesy of Benzinga.

BMO Capital initiated coverage on Amira Nature Foods Ltd (NYSE: ANFI) with a Outperform rating.

The target price for Amira Nature Foods is set to $18.

Amira Nature Foods shares have dropped 41.89 percent over the past 52 weeks, while the S&P 500 index has surged 10.86 percent in the same period.

Amira Nature Foods’ shares fell 2.36 percent to close at $8.67 yesterday.

Posted-In: BMO CapitalInitiation Analyst Ratings