In a report released today, Robert Dickerson from Jefferies maintained a Buy rating on Nomad Foods (NOMD – Research Report), with a price target of $23.00. The company’s shares opened today at $13.72.
Dickerson covers the Consumer Defensive sector, focusing on stocks such as JM Smucker, Hostess Brands, and Campbell Soup. According to TipRanks, Dickerson has an average return of 0.8% and a 54.31% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nomad Foods with a $22.29 average price target.
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NOMD market cap is currently $2.38B and has a P/E ratio of 11.00.
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Nomad Foods (NOMD) Company Description:
Nomad Foods Ltd. operates as a holding company, which manufactures and sells frozen foods for human consumption. It offers its products under the brands LUTOSA, la Cocinera, Birds Eye, Iglo, and Findus. The company was founded by Noam Gottesman and Martin E. Franklin in April 2014 and is headquartered in Middlesex, the United Kingdom.
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