Mondelez International found using ticker (MDLZ) now have 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 68 and 52 and has a mean target at 61.37. Given that the stocks previous close was at 48.9 this is indicating there is a potential upside of 25.5%. The 50 day moving average now sits at 53.31 and the 200 moving average now moves to 53.97. The market capitalisation for the company is $68,623m. You can visit the company’s website by visiting: http://www.mondelezinternational.com
Mondelez International, through its subsidiaries, manufactures, markets, and sells 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 incorporated in 2000 and is headquartered in Deerfield, Illinois.