News stories about Nomad Foods (NYSE:NOMD) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nomad Foods earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.0110648716345 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

A number of brokerages have issued reports on NOMD. Zacks Investment Research raised shares of Nomad Foods from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a report on Saturday, December 2nd. SunTrust Banks raised their target price on shares of Nomad Foods to $20.00 and gave the company a “buy” rating in a report on Wednesday, November 29th. ValuEngine raised shares of Nomad Foods from a “hold” rating to a “buy” rating in a report on Thursday, November 16th. Finally, Berenberg Bank began coverage on shares of Nomad Foods in a report on Thursday, November 16th. They issued a “buy” rating and a $18.00 target price for the company. Six equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus price target of $17.20.

Nomad Foods (NYSE:NOMD) traded down $0.10 during mid-day trading on Friday, hitting $16.52. 1,580,000 shares of the company were exchanged, compared to its average volume of 1,310,000. Nomad Foods has a 1 year low of $9.18 and a 1 year high of $16.90. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.56 and a current ratio of 1.03. The stock has a market capitalization of $2,850.00 and a price-to-earnings ratio of 17.39.

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Nomad Foods Company Profile

Nomad Foods Limited manufactures and distributes frozen foods primarily in the United Kingdom, Italy, Germany, Sweden, France, and Norway. The company’s 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.

Insider Buying and Selling by Quarter for Nomad Foods (NYSE:NOMD)

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