Barclays (LON:BARC) analyst Andrew Lazar maintained a Buy rating on Nomad Foods (NYSE:NOMD) Ltd on Thursday, setting a price target of $28, which is approximately 6.22% above the present share price of $26.36.
Lazar expects Nomad Foods Ltd to post earnings per share (EPS) of $0.32 for the third quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Nomad Foods, with an average price target of $28.71.
The analysts price targets range from a high of $31 to a low of $24.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $599 million and a net profit of $99.7 million. The company's market cap is $4.9 billion.
According to TipRanks.com, Barclays analyst Andrew Lazar is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.3% and a 65.09% success rate.
Nomad Foods Ltd. operates as a holding company, which manufactures and sells frozen foods for human consumption. It offers its products under the brands LUTOSA, la Cocinera, Birds Eye, Iglo, and Findus. The company was founded by Noam Gottesman and Martin E. Franklin in April 2014 and is headquartered in Middlesex, the United Kingdom.