Mondelez International (NASDAQ:MDLZ) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $60 and the lowest price target forecast is $44. The average forecast of all the analysts is $49.2 and the expected standard deviation is $4.47.
Shares of Mondelez International, Inc. rose by 1.89% in the last five trading days and 1.94% for the last 4 weeks. Mondelez International, Inc. is up 10.81% in the last 3-month period. Year-to-Date the stock performance stands at 2.35%.
Mondelez International (NASDAQ:MDLZ) has an average broker rating of 1.57, which is interpreted as a Buy, as rated by 15 equity analysts. Nonetheless, 9 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Mondelez International (NASDAQ:MDLZ): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.24 and $42.59 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.51, notching a gain of 5.91% for the day. The total traded volume was 33,312,121 . The stock had closed at $42.97 on the previous day.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Mondelez International, Inc., Booth Lewis W K, had purchased 5,430 shares in a transaction dated on February 17, 2016. The transaction was executed at $39.37 per share with total amount equaling $213,779.
Mondelez International, Inc. is a snack food and beverage company. The Company manufactures and markets snack food and beverage products for consumers in approximately 165 countries around the world. The Company offers its brands in five product categories: biscuits (including cookies, crackers and salted snacks); chocolate; gum and candy; beverages (including coffee and powdered beverages), and cheese and grocery. It has a portfolio of around 58 brands, which include nine billion dollar brands: LU, Nabisco and Oreo biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolates; Trident gum, and Jacobs coffee and Tang powdered beverages. It has operations in Latin America, Asia Pacific, Eastern Europe, Middle East, and Africa (EEMEA), Europe and North America. The Companys products are sold to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores and other retail food outlets.