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Do Analysts Agree Friday on Nomad Foods Ltd (NOMD) Stock's Target Price?

Friday, November 05, 2021 11:42 AM | InvestorsObserver Analysts

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Do Analysts Agree Friday on Nomad Foods Ltd (NOMD) Stock's Target Price?

InvestorsObserver is giving Nomad Foods Ltd (NOMD) an Analyst Rating Rank of 74, meaning NOMD is ranked higher by analysts than 74% of stocks. The average price target for NOMD is $33.2 and analyst’s rate the stock as a Strong Buy.

Overall Score - 5
Wall Street analysts are rating NOMD a Strong Buy today. Find out what this means to you and get the rest of the rankings on NOMD!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Nomad Foods Ltd Stock Today?

Nomad Foods Ltd (NOMD) stock is lower by -6.77% while the S&P 500 is higher by 0.66% as of 11:41 AM on Friday, Nov 5. NOMD is down -$1.86 from the previous closing price of $27.48 on volume of 738,294 shares. Over the past year the S&P 500 is higher by 34.20% while NOMD is higher by 3.56%. NOMD earned $1.34 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.1. Click Here to get the full Stock Report for Nomad Foods Ltd stock.

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