Press coverage about Nomad Foods (NYSE:NOMD) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nomad Foods earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.7511186630755 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several research firms have recently weighed in on NOMD. SunTrust Banks raised their price objective on Nomad Foods to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, November 29th. ValuEngine raised Nomad Foods from a “hold” rating to a “buy” rating in a research report on Thursday, November 16th. Berenberg Bank assumed coverage on Nomad Foods in a research report on Thursday, November 16th. They set a “buy” rating and a $18.00 price objective for the company. Finally, Zacks Investment Research raised Nomad Foods from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Saturday, December 2nd. Six research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of $17.20.
Nomad Foods (NYSE:NOMD) traded up $0.09 during midday trading on Monday, reaching $16.91. The company’s stock had a trading volume of 458,400 shares, compared to its average volume of 996,307. Nomad Foods has a one year low of $9.50 and a one year high of $17.02. 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 company has a market capitalization of $2,914.53 and a price-to-earnings ratio of 24.87.
WARNING: This news story was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2018/01/01/nomad-foods-nomd-receives-daily-media-sentiment-rating-of-0-06.html.
About Nomad Foods
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.
Receive News & Ratings for Nomad Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nomad Foods and related companies with MarketBeat.com's FREE daily email newsletter.