The animal-feed additives manufacturer says that despite a challenging global agricultural environment sales of its higher-added value products were resilient, the analysts say. "In our view, after its significant derating, Anpario now presents an attractive opportunity for rating as well as earnings expansion," they say. Shore Capital has Anpario as a house stock. Davy rates the stock outperform with a 100-pence price target. DB downgrades the stock recommendation to hold from buy and target price to 2,260 pence from 2,350 pence.

Source: Wall Street Journal September 13, 2023 11:27 UTC