Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Nomad Foods (NOMD – Research Report) and Molson Coors (TAP – Research Report).
Nomad Foods (NOMD)
In a report issued on October 3, John Baumgartner from Mizuho Securities maintained a Buy rating on Nomad Foods, with a price target of $24.00. The company’s shares closed last Wednesday at $15.31.
According to TipRanks.com, Baumgartner is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nomad Foods with a $22.86 average price target, which is a 53.1% upside from current levels. In a report issued on September 20, Goldman Sachs also maintained a Buy rating on the stock with a $21.00 price target.
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Molson Coors (TAP)
Bernstein analyst Nadine Sarwat maintained a Hold rating on Molson Coors yesterday and set a price target of $71.00. The company’s shares closed last Wednesday at $63.03.
According to TipRanks.com, Sarwat is ranked #4497 out of 8547 analysts.
Currently, the analyst consensus on Molson Coors is a Hold with an average price target of $70.11, which is a 10.0% upside from current levels. In a report issued on October 3, Goldman Sachs also maintained a Hold rating on the stock.
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Read More on NOMD:
- Nomad Foods Reiterates Full Year 2023 Guidance Ahead of Fireside Chat at the Barclays Global Consumer Staples Conference
- Nomad Foods reiterates FY23 view adjusted EPS EUR 1.54 – EUR 1.57
- Nomad Foods price target lowered to $23 from $25 at Citi
- Nomad Foods management to meet virtually with Mizuho
- Nomad raises FY23 adjusted EPS view to EUR 1.54-EUR 1.57 from EUR 1.52-EUR 1.55
