Consensus Rating1
Buy
Highest Price Target1
$30.00
Lowest Price Target1
$20.00
Consensus Price Target1
$23.67

Nomad Foods (NYSE:NOMD) Stock, Analyst Ratings, Price Targets, Forecasts

Nomad Foods Ltd has a consensus price target of $23.67 based on the ratings of 9 analysts. The high is $30 issued by Jefferies on March 30, 2022. The low is $20 issued by Credit Suisse on February 27, 2023. The 3 most-recent analyst ratings were released by Mizuho, Deutsche Bank, and Deutsche Bank on December 18, 2024, November 4, 2024, and August 8, 2024, respectively. With an average price target of $23.67 between Mizuho, Deutsche Bank, and Deutsche Bank, there's an implied 40.33% upside for Nomad Foods Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
1
Aug
1
Nov
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Mizuho
Deutsche Bank
Barclays
Citigroup
Credit Suisse

1calculated from analyst ratings

Analyst Ratings for Nomad Foods

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Nomad Foods (NOMD) stock?

A

The latest price target for Nomad Foods (NYSE:NOMD) was reported by Mizuho on December 18, 2024. The analyst firm set a price target for $24.00 expecting NOMD to rise to within 12 months (a possible 42.31% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Nomad Foods (NOMD)?

A

The latest analyst rating for Nomad Foods (NYSE:NOMD) was provided by Mizuho, and Nomad Foods maintained their outperform rating.

Q

When was the last upgrade for Nomad Foods (NOMD)?

A

The last upgrade for Nomad Foods Ltd happened on February 27, 2023 when Goldman Sachs raised their price target to $21. Goldman Sachs previously had a neutral for Nomad Foods Ltd.

Q

When was the last downgrade for Nomad Foods (NOMD)?

A

The last downgrade for Nomad Foods Ltd happened on January 5, 2023 when Credit Suisse changed their price target from $25 to $20 for Nomad Foods Ltd.

Q

When is the next analyst rating going to be posted or updated for Nomad Foods (NOMD)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nomad Foods, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nomad Foods was filed on December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.

Q

Is the Analyst Rating Nomad Foods (NOMD) correct?

A

While ratings are subjective and will change, the latest Nomad Foods (NOMD) rating was a maintained with a price target of $28.00 to $24.00. The current price Nomad Foods (NOMD) is trading at is $16.86, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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