News articles about Nomad Foods (NYSE:NOMD) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nomad Foods earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.4282261528019 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Nomad Foods (NYSE NOMD) opened at $16.60 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.56 and a debt-to-equity ratio of 0.77. The firm has a market cap of $2,938.82 and a P/E ratio of 24.41. Nomad Foods has a 1 year low of $9.61 and a 1 year high of $17.02.
NOMD has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of Nomad Foods from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 15th. Berenberg Bank initiated coverage on shares of Nomad Foods in a report on Thursday, November 16th. They set a “buy” rating and a $18.00 price target for the company. ValuEngine upgraded shares of Nomad Foods from a “hold” rating to a “buy” rating in a report on Thursday, November 16th. Finally, SunTrust Banks raised their price target on shares of Nomad Foods to $20.00 and gave the stock a “buy” rating in a report on Wednesday, November 29th. Six analysts have rated the stock with a buy rating, Nomad Foods has a consensus rating of “Buy” and an average price target of $17.20.
Nomad Foods Limited manufactures and distributes frozen foods primarily in the United Kingdom, Italy, Germany, Sweden, France, and Norway. The companys frozen food products include fish, vegetables, poultry products, and ready meals. It sells its products directly or through distribution arrangements to supermarkets and large food retail chains under the Birdseye, Findus, and Iglo brands.
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