In a report released yesterday, Peter Saleh from BTIG maintained a Buy rating on Nomad Foods (NOMD – Research Report), with a price target of $25.00. The company’s shares closed last Friday at $16.95.
According to TipRanks, Saleh is a 5-star analyst with an average return of 10.7% and a 60.98% success rate. Saleh covers the Consumer Cyclical sector, focusing on stocks such as Domino’s Pizza, McDonald’s, and Chipotle.
Nomad Foods has an analyst consensus of Strong Buy, with a price target consensus of $22.25.
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NOMD market cap is currently $2.92B and has a P/E ratio of 13.30.
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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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