Canaccord Genuity Group Boosts Anpario (LON:ANP) Price Target to GBX 370

Anpario (LON:ANP) had its price target hoisted by Canaccord Genuity Group from GBX 340 ($4.49) to GBX 370 ($4.89) in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 18.40% from the stock’s previous close.

Separately, Shore Capital restated a “house stock” rating on shares of Anpario in a research note on Wednesday, September 11th.

Anpario Price Performance

Shares of LON:ANP opened at GBX 312.50 ($4.13) on Wednesday. The firm has a market capitalization of £52.84 million, a PE ratio of 1,736.11 and a beta of 0.57. The company has a quick ratio of 5.16, a current ratio of 5.13 and a debt-to-equity ratio of 0.23. The company has a 50-day moving average price of GBX 288.86 and a two-hundred day moving average price of GBX 273.96. Anpario has a twelve month low of GBX 220 ($2.91) and a twelve month high of GBX 340 ($4.49).

About Anpario

Anpario plc, together with its subsidiaries, produces and distributes 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.