27 May, 2017
The Company raises its 2017 Adjusted EBITDA outlook to a range of approximately €315 to €325 million, versus the prior expectation of approximately €315 million, which now assumes organic revenue growth at a low-single digit percentage rate.
Nomad Foods Limited (NYSE:NOMD) opened at 13.91 on Friday. About 451,619 shares traded. The market capitalization of the company is at $2.45 Billion. It was reported on May, 25 by Barchart.com. They set a "buy" rating and a $15.00 price target for the company. Advisors Asset Management Inc. owns 329,526 shares or 0.12% of their United States portfolio. Moreover, Mariner Wealth Advisors Llc has 0.1% invested in the company for 98,425 shares. The current share price indicate that stock is -3.23% away from its one year high and is moving 88.83% ahead of its 52-week low.
Not many analysts have released their opinion on Nomad Foods Limited (NYSE:NOMD), with 1 analysts believing it is a strong buy. Therefore 100% are positive. SunTrust Banks, Inc. began coverage on shares of Nomad Foods Limited in a research report on Wednesday, April 5th. SunTrust initiated the shares of NOMD in report on Wednesday, April 5 with "Buy" rating. Deutsche Bank AG began coverage on Nomad Foods Limited in a report on Wednesday, February 15th. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.
5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Nomad Foods Limited (NOMD) stands at 0 while the industry's and the sector's growth for next 5 years ticked at 9.16 and 10.79 respectively.
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