Raymond James reiterated their outperform rating on shares of Village Farms International (NASDAQ:VFF) in a research note published on Monday, BayStreet.CA reports. Raymond James currently has a $11.00 price target on the stock.
Several other brokerages also recently weighed in on VFF. Roth Capital set a $29.00 target price on shares of Village Farms International and gave the company a buy rating in a research note on Tuesday, September 10th. Craig Hallum restated a buy rating and issued a $20.00 target price (down from $30.00) on shares of Village Farms International in a research note on Monday. Zacks Investment Research upgraded shares of Village Farms International from a sell rating to a hold rating in a research note on Saturday. Finally, Alliance Global Partners began coverage on shares of Village Farms International in a research note on Thursday, September 19th. They issued a buy rating for the company. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Village Farms International presently has a consensus rating of Buy and a consensus price target of $16.94.
VFF stock traded up $0.19 during trading on Monday, hitting $6.28. 1,311,725 shares of the company’s stock traded hands, compared to its average volume of 1,047,838. The firm has a market capitalization of $331.16 million and a P/E ratio of -57.09. The business has a fifty day simple moving average of $7.88 and a two-hundred day simple moving average of $10.37. Village Farms International has a 1 year low of $2.93 and a 1 year high of $18.10.
Institutional investors and hedge funds have recently made changes to their positions in the business. Van ECK Associates Corp acquired a new stake in Village Farms International in the second quarter valued at approximately $42,000. CWM LLC acquired a new stake in Village Farms International in the second quarter valued at approximately $50,000. Certified Advisory Corp acquired a new stake in shares of Village Farms International during the second quarter worth $60,000. Toronto Dominion Bank lifted its stake in shares of Village Farms International by 32,788.0% during the second quarter. Toronto Dominion Bank now owns 8,222 shares of the company’s stock worth $94,000 after buying an additional 8,197 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of Village Farms International during the third quarter worth $109,000. Institutional investors own 9.72% of the company’s stock.
Village Farms International Company Profile
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: What is Depreciation?
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.