Zambeef Products Plc (ZAM) Price Target Increased to GBX 20 by Analysts at FinnCap

Zambeef Products Plc (LON:ZAM) had its target price hoisted by FinnCap from GBX 15 ($0.20) to GBX 20 ($0.26) in a research report report published on Friday morning. FinnCap currently has a corporate rating on the stock.

Zambeef Products Plc (LON:ZAM) remained flat at GBX 16.00 during trading on Friday. 3,226 shares of the company traded hands. The firm has a 50 day moving average price of GBX 14.79 and a 200-day moving average price of GBX 9.74. Zambeef Products Plc has a one year low of GBX 5.40 and a one year high of GBX 17.25. The firm’s market capitalization is GBX 39.68 million.

In other Zambeef Products Plc news, insider Clark,Graham purchased 1,000,000 shares of the stock in a transaction that occurred on Tuesday, September 13th. The shares were purchased at an average cost of GBX 15 ($0.20) per share, for a total transaction of £150,000 ($195,796.89).

About Zambeef Products Plc

Zambeef Products PLC is engaged in agribusinesses in Zambia. The Company is involved in the production, processing, distribution and retailing of beef, chickens, pork, milk, eggs, dairy products, fish, flour and stock feed throughout Zambia and the surrounding region, as well as Nigeria and Ghana. The Company’s divisions include Beef, Chicken, Pork, Crops, Stock feed, Eggs, Fish, Milk and Dairy, Edible oils, Mill and Bakery, Leather and Shoe, Master Meats (Nigeria) and Master Meats (Ghana).

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