Amira Nature Foods Ltd (ANFI) Picked as Growth Company
New Delhi, India, January 21, 2016 (Newswire.com) - Zacks Research has given a top Growth Style score to Amira Nature Foods Ltd (ANFI). The score signifies both the company’s financials and its future growth potential. The score has been given based on various factors of the Balance Sheet, Income Statement and Cash Flow Statement. Stocks that have been assigned with high growth score tend to have the best growth characteristics to help them outperform the market.
Both individual and institutional investors closely follow the analysts’ recommendations before investing into Amira Nature Foods Ltd (ANFI). Brokerage firm polled by Zacks have provided a consensus long-term growth projection of N/A. The market estimate has been given after taking into account the company’s earnings and sales for the forthcoming three to five years. In the short run, the sell-side analysts have kept the one-year price target of the stock at 8. Such estimate represents the consensus view of 1 brokerage firms, which have rated the stock over the last six months.
Brokerage firms use their own terminology to rate a stock. This is why Zacks has built a simplified system to measure each of the ratings on a 1-5 scale, where number one is indicative of a Strong Buy, and number five means a Strong Sell. Based on this scale, Amira Nature Foods Ltd’s rating has been kept at 3.
The bearish and bullish price recommendation on the stock varies from $8 to $8 respectively.
As per the Amira Nature Foods Ltd (ANFI) update, the company is set to release its quarterly earnings on 2016-03-07. The brokerage firms are eyeing earnings per share of $N/A for the quarter. The company’s EPS came in at $N/A per share in its last reported quarter for the period ended N/A.
For More Information: www.theenterpriseleader.com/stocks/amira-nature-foods-ltd-nyseanfi-picked-as-growth-company/54215/