Mondelez International with ticker code (MDLZ) have now 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 66 and 55 with a mean TP of 61.16. With the stocks previous close at 53.84 this indicates there is a potential upside of 13.6%. The day 50 moving average is 52.6 and the 200 day moving average is 53.98. The company has a market capitalisation of $77,995m. Visit the company website at: http://www.mondelezinternational.com
Mondelez International, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The company’s primary snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages. It sells its products to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets through direct store delivery, company-owned and satellite warehouses, distribution centers, and other facilities, as well as through independent sales offices and agents, and e-commerce platforms. The company was formerly known as Kraft Foods Inc. and changed its name to Mondelez International in October 2012. Mondelez International was founded in 2000 and is based in East Hanover, New Jersey.