Nomad Foods: BTIG Reiterates Buy Recommendation with 57.10% Upside Potential

BTIG reiterates a Buy recommendation for Nomad Foods (NOMD), with an average one-year price target of $19.04/share, representing a 57.10% upside from its latest closing price of $12.12/share. The projected annual revenue is 3,124MM, a 2.33% increase. Institutional ownership has decreased by 0.67% to 146,421K shares, while the put/call ratio indicates a bullish outlook.