Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Nomad Foods (NOMD – Research Report) and Diageo (DGEAF – Research Report).
Nomad Foods (NOMD)
In a report issued on February 21, John Baumgartner from Mizuho Securities maintained a Buy rating on Nomad Foods, with a price target of $26.00. The company’s shares closed last Friday at $18.59.
According to TipRanks.com, Baumgartner is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nomad Foods with a $24.00 average price target, which is a 29.9% upside from current levels. In a report issued on February 21, Barclays also initiated coverage with a Buy rating on the stock with a $22.00 price target.
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Diageo (DGEAF)
J.P. Morgan analyst Celine Pannuti CFA maintained a Hold rating on Diageo today and set a price target of £32.00. The company’s shares closed last Friday at $37.96.
According to TipRanks.com, CFA is a 1-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Diageo with a $37.46 average price target, representing a -0.9% downside. In a report issued on February 22, Jefferies also maintained a Hold rating on the stock with a £29.00 price target.
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Read More on NOMD:
- Nomad Foods sees 2024 adjusted EPS up 9%-12% y-o-y to EUR1.75-EUR1.80
- Nomad Foods Provides Updates on Full Year 2023 Results and Initiates 2024 Guidance
- Is NOMD a Buy, Before Earnings?
- Nomad Foods price target raised to $22 from $20 at Barclays
- Nomad Foods price target raised to $26 from $24 at Mizuho
