Jupai Holdings Limited (JP) Reaches $23.43 After 4.00% Up Move; 1 Analysts Covering Amira Nature Foods Ltd. (ANFI)

May 21, 2018 - By Richard Conner

Amira Nature Foods Ltd. (NYSE:ANFI) Logo

The stock of Jupai Holdings Limited (NYSE:JP) is a huge mover today! The stock increased 4.09% or $0.921 during the last trading session, reaching $23.431. About 216,673 shares traded or 35.30% up from the average. Jupai Holdings Limited (NYSE:JP) has risen 116.43% since May 21, 2017 and is uptrending. It has outperformed by 104.88% the S&P500.The move comes after 7 months positive chart setup for the $781.47M company. It was reported on May, 21 by Barchart.com. We have $24.37 PT which if reached, will make NYSE:JP worth $31.26M more.

Among 3 analysts covering Amira Nature Foods (NYSE:ANFI), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Amira Nature Foods had 10 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by BMO Capital Markets on Tuesday, August 18. As per Wednesday, April 19, the company rating was initiated by KeyBanc Capital Markets. Jefferies maintained Amira Nature Foods Ltd. (NYSE:ANFI) rating on Tuesday, April 3. Jefferies has “Buy” rating and $600 target. The stock has “Buy” rating by Jefferies on Thursday, June 29. The firm earned “Hold” rating on Monday, August 10 by Zacks. The company was initiated on Wednesday, September 21 by Jefferies. Jefferies maintained Amira Nature Foods Ltd. (NYSE:ANFI) rating on Friday, October 27. Jefferies has “Buy” rating and $8.0 target. The firm has “Buy” rating given on Monday, September 25 by Jefferies. The rating was maintained by Oppenheimer on Tuesday, August 4 with “Buy”. The firm has “Buy” rating by Jefferies given on Friday, May 11. See Amira Nature Foods Ltd. (NYSE:ANFI) latest ratings:

11/05/2018 Broker: Jefferies Rating: Buy New Target: $6.0000 Maintain
03/04/2018 Broker: Jefferies Rating: Buy New Target: $6.0000 Maintain

The stock decreased 0.91% or $0.02 during the last trading session, reaching $2.28. About 253,498 shares traded. Amira Nature Foods Ltd. (NYSE:ANFI) has declined 18.23% since May 21, 2017 and is downtrending. It has underperformed by 29.78% the S&P500.

Amira Nature Foods Ltd. engages in processing, sourcing, and selling packaged Indian specialty rice. The company has market cap of $96.72 million. The firm provides various types of basmati rice, other specialty rice and other food products, ready-to-eat snacks, edible oils, and organic products for retailers under the Amira brand; and non-basmati rice. It has a 2.7 P/E ratio. It also sells bulk commodities, including wheat, barley, legume, maize, sugar, soybean meal, onion, potato, and millet products to trading firms.

Another recent and important Jupai Holdings Limited (NYSE:JP) news was published by Seekingalpha.com which published an article titled: “Jupai Holdings: Why Chinese Real Estate Market Cool-Down Is A Good Thing” on April 27, 2018.

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