Mondelez International (MDLZ) : The consensus on Mondelez International (MDLZ) based on 16 analyst recommendation on the company stock is 1.66, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 9 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Mondelez International (MDLZ) : Average target price received by Mondelez International (MDLZ) is $49.8 with an expected standard deviation of $4.18. The most aggressive target on the stock is $60, whereas the most downbeat target is $44. 10 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Mondelez International (NASDAQ:MDLZ): The stock opened at $43.65 on Thursday but the bulls could not build on the opening and the stock topped out at $43.70 for the day. The stock traded down to $43.04 during the day, due to lack of any buying support eventually closed down at $43.14 with a loss of -0.76% for the day. The stock had closed at $43.47 on the previous day. The total traded volume was 5,342,970 shares.
In a related news, Booth Lewis W K, director of Mondelez International, Inc., executed a transaction worth $213,779 on February 17, 2016. A total of 5,430 shares were purchased at an average price of $39.37. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.