Lake Street Capital Begins Coverage on Armanino Foods of Distinction (OTCMKTS:AMNF)

Investment analysts at Lake Street Capital began coverage on shares of Armanino Foods of Distinction (OTCMKTS:AMNF) in a report released on Thursday. The firm set a “buy” rating and a $15.00 price target on the stock. Lake Street Capital’s price target points to a potential upside of 31.81% from the stock’s current price.

A number of other brokerages also recently issued reports on AMNF. Roth Mkm started coverage on Armanino Foods of Distinction in a research note on Friday, January 23rd. They issued a “buy” rating and a $15.00 price objective for the company. Zacks Research upgraded shares of Armanino Foods of Distinction to a “hold” rating in a research report on Monday, January 26th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $15.00.

Armanino Foods of Distinction Trading Up 0.7%

AMNF opened at $11.38 on Thursday. The company has a market cap of $353.69 million, a P/E ratio of 20.69 and a beta of 0.09. The company has a fifty day moving average price of $11.46 and a two-hundred day moving average price of $10.58. Armanino Foods of Distinction has a 1-year low of $7.27 and a 1-year high of $12.25.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc (OTCMKTS:AMNF) is a U.S.-based food manufacturer specializing in cheese- and dairy-based products. Its product portfolio encompasses processed cheeses, cream cheeses, shredded and grated cheeses, dips, spreads and flavored cheese seasonings. Armanino Foods serves private-label customers, foodservice operators and industrial food producers, offering custom formulation and co-packing solutions to meet diverse market requirements.

Headquartered in Missouri, Armanino Foods operates multiple manufacturing facilities equipped for large-scale dairy processing, blending and packaging.