Zacks Investment Research upgraded shares of Village Farms International (NYSE:VFF) from a hold rating to a buy rating in a research note released on Friday, Zacks.com reports. They currently have $15.00 price target on the stock.

According to Zacks, “Village Farms International Inc. is a producer, marketer and distributor of greenhouse-grown tomatoes, bell peppers and cucumbers primarily in North America. The Company’s operating segments consists of Produce business and the Energy business. Produce business markets and sells the product group, which consists of tomatoes, bell peppers and cucumbers. Energy business produces power. Village Farms International Inc. is based in Delta, Canada. “

VFF has been the subject of a number of other reports. Craig Hallum began coverage on Village Farms International in a report on Monday, July 22nd. They set a buy rating for the company. Roth Capital reiterated a buy rating on shares of Village Farms International in a research report on Monday, June 24th.

Shares of NYSE VFF opened at $12.83 on Friday. The business’s 50-day simple moving average is $11.43. Village Farms International has a 1 year low of $2.93 and a 1 year high of $18.10.

Several institutional investors and hedge funds have recently bought and sold shares of VFF. Morgan Stanley increased its position in shares of Village Farms International by 77.3% during the second quarter. Morgan Stanley now owns 860,694 shares of the company’s stock worth $9,846,000 after purchasing an additional 375,161 shares in the last quarter. Allianz Asset Management GmbH acquired a new stake in shares of Village Farms International during the second quarter worth about $964,000. Swiss National Bank acquired a new stake in shares of Village Farms International during the second quarter worth about $843,000. A.R.T. Advisors LLC acquired a new stake in shares of Village Farms International during the second quarter worth about $572,000. Finally, Vanguard Group Inc. acquired a new stake in shares of Village Farms International during the second quarter worth about $230,000.

About Village Farms International

Village Farms International, Inc, together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. The company operates in two segments, Produce Business and Energy Business. It also owns and operates a 7.0 megawatt power plant that generates and sells electricity to British Columbia Hydro and Power Authority.

Featured Article: Growth and Income Funds

Get a free copy of the Zacks research report on Village Farms International (VFF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Village Farms International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Village Farms International and related companies with MarketBeat.com's FREE daily email newsletter.