Nomad Foods (NOMD) Stock Forecast & Price Target

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$18.28

-0.10 (-0.54%)

(As of 04/15/2024 ET)

Nomad Foods Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Buy
Based on 2 Analyst Ratings

Analysts' Consensus Price Target

$23.00
25.82% Upside

High Forecast	$24.00
Average Forecast	$23.00
Low Forecast	$22.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Buy	Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$23.00	$23.00	$21.60	$22.00
Predicted Upside	25.82% Upside	24.53% Upside	19.63% Upside	20.68% Upside

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NOMD Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NOMD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Nomad Foods Stock vs. The Competition

Type	Nomad Foods	Consumer Staples Companies	S&P 500
Consensus Rating Score	3.00	2.43	2.48
Consensus Rating	Buy	Hold	Hold
Predicted Upside	25.82% Upside	899.69% Upside	11.23% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
2/2/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$20.00 ➝ $22.00	+18.53%
8/10/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$25.00 ➝ $23.00	+26.93%
5/11/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$21.00 ➝ $24.00	+26.38%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:30 AM ET.

NOMD Price Target - Frequently Asked Questions

What is Nomad Foods's consensus rating and price target?: According to the issued ratings of 2 analysts in the last year, the consensus rating for Nomad Foods stock is Buy based on the current 2 buy ratings for NOMD. The average twelve-month price prediction for Nomad Foods is $23.00 with a high price target of $24.00 and a low price target of $22.00. Learn more on NOMD's analyst rating history.
Do Wall Street analysts like Nomad Foods more than its competitors?: Analysts like Nomad Foods more than other Consumer Staples companies. The consensus rating for Nomad Foods is Buy while the average consensus rating for consumer staples companies is Hold. Learn more on how NOMD compares to other companies.
Does Nomad Foods's stock price have much upside?: According to analysts, Nomad Foods's stock has a predicted upside of 24.53% based on their 12-month stock forecasts.

What analysts cover Nomad Foods?: Nomad Foods has been rated by Barclays in the past 90 days.

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This page (NYSE:NOMD) was last updated on 4/16/2024 by MarketBeat.com Staff

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Nomad Foods (NOMD) Stock Forecast & Price Target

Nomad Foods Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

NOMD Analyst Ratings By Month

NOMD Price Targets by Month

Nomad Foods Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

NOMD Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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