Barclays lowered the firm’s price target on Nomad Foods (NOMD) to $18 from $20 and keeps an Overweight rating on the shares. The company again lowered its 2025 guidance due to historically hot weather in Europe, the analyst tells investors in a research note.
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Read More on NOMD:
- Nomad Foods Faces Challenges, Lowers 2025 Outlook
- Nomad Foods Earnings Call: Balancing Innovation and Challenges
- Nomad Foods price target lowered to $21 from $25 at Jefferies
- Nomad Foods cuts FY25 EPS view to EUR 1.64-EUR 1.76 from EUR 1.82-EUR 1.89
- Nomad Foods reports Q2 adjusted EPS EUR 0.40 vs. EUR 0.43 last year