Mondelez International (MDLZ) has an average broker rating of 1.53, which is interpreted as a Buy, as rated by 16 equity analysts. Nonetheless, 10 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 (MDLZ) : 9 investment research analysts covering Mondelez International (MDLZ) have an average price target of $50.11 for the near short term. The highest target price given by the Brokerage Firm to the stock is $60 and the lowest target is $44 for the short term. Analysts expect the variance to be within $4.31 of the average price.
Also, JP Morgan reinstates their rating on the shares of Mondelez International (NASDAQ:MDLZ). The current rating of the shares is Overweight. The rating by the firm was issued on September 6, 2016.
Mondelez International (NASDAQ:MDLZ): After opening at $42.38, the stock dipped to an intraday low of $42.28 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $43.09 and the buying power remained strong till the end. The stock closed at $43.02 for the day, a gain of 1.13% for the day session. The total traded volume was 6,988,098. The stocks close on the previous trading day was $42.54.
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.