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NYSE: NOMD
Nomad Foods Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for NOMD

Based on 4 analysts offering 12 month price targets for Nomad Foods Ltd.
Min Forecast
$20.00+11.86%
Avg Forecast
$21.75+21.64%
Max Forecast
$24.00+34.23%

Should I buy or sell NOMD stock?

Based on 4 analysts offering ratings for Nomad Foods Ltd.
Strong Buy
Strong Buy
3 analysts 75%
Buy
0 analysts 0%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their NOMD stock forecasts and price targets.

NOMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 30%
71
Strong BuyMaintains$22.00+23.04%2023-05-12
Credit Suisse
Top 5%
96
HoldReiterates$20.00+11.86%2023-02-27
Goldman Sachs
Bottom 17%
17
Strong BuyUpgrades$21.00+17.45%2023-02-27
Deutsche Bank
Top 9%
92
Strong BuyMaintains$24.00+34.23%2023-02-24Find out why

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Forecast return on equity

Is NOMD forecast to generate an efficient return?
Company
11.35%
Industry
20.68%
Market
14.03%
NOMD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NOMD forecast to generate an efficient return on assets?
Company
4.67%
Industry
7.47%
NOMD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NOMD earnings growth forecast

How is NOMD forecast to perform vs Packaged Foods companies and vs the US market?
Company
15.05%
Industry
26.73%
Market
111.85%
NOMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NOMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NOMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NOMD revenue growth forecast

How is NOMD forecast to perform vs Packaged Foods companies and vs the US market?
Company
-5.84%
Industry
4.06%
Market
16.73%
NOMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NOMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NOMD vs Food Stocks

TickerPricePrice TargetUp/downsideConsensus
NOMD$17.88$21.75+21.64%Strong Buy
JJSF$158.53$170.00+7.24%Strong Buy
FRPT$61.67$76.29+23.70%Buy
TWNK$26.24$26.80+2.13%Buy
THS$48.81$56.67+16.10%Buy
View Top Food Stocks

Nomad Foods Stock Forecast FAQ

Is Nomad Foods Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: NOMD) stock is to Strong Buy NOMD stock.

Out of 4 analysts, 3 (75%) are recommending NOMD as a Strong Buy, 0 (0%) are recommending NOMD as a Buy, 1 (25%) are recommending NOMD as a Hold, 0 (0%) are recommending NOMD as a Sell, and 0 (0%) are recommending NOMD as a Strong Sell.

If you're new to stock investing, here's how to buy Nomad Foods stock.

What is NOMD's forecast return on equity (ROE) for 2023-2024?

(NYSE: NOMD) forecast ROE is 11.35%, which is considered weak.

What is NOMD's Price Target?

According to 4 Wall Street analysts that have issued a 1 year NOMD price target, the average NOMD price target is $21.75, with the highest NOMD stock price forecast at $24.00 and the lowest NOMD stock price forecast at $20.00.

On average, Wall Street analysts predict that Nomad Foods's share price could reach $21.75 by May 12, 2024. The average Nomad Foods stock price prediction forecasts a potential upside of 21.64% from the current NOMD share price of $17.88.

What is NOMD's forecast return on assets (ROA) for 2023-2024?

(NYSE: NOMD) forecast ROA is 4.67%, which is lower than the forecast US Packaged Foods industry average of 7.47%.
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