Nomad Foods Ltd has a consensus price target of $24.11 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 Deutsche Bank, Deutsche Bank, and Barclays on November 4, 2024, August 8, 2024, and July 19, 2024, respectively. With an average price target of $22.67 between Deutsche Bank, Deutsche Bank, and Barclays, there's an implied 27.56% upside for Nomad Foods Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Nomad Foods (NYSE:NOMD) was reported by Deutsche Bank on November 4, 2024. The analyst firm set a price target for $23.00 expecting NOMD to rise to within 12 months (a possible 29.43% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Nomad Foods (NYSE:NOMD) was provided by Deutsche Bank, and Nomad Foods maintained their buy rating.
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.
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.
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 November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest Nomad Foods (NOMD) rating was a maintained with a price target of $25.00 to $23.00. The current price Nomad Foods (NOMD) is trading at is $17.77, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.