Mondelez International, Inc. with ticker code (MDLZ) now have 20 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 66 and 55 with a mean TP of 60.95. Given that the stocks previous close was at 53.71 this now indicates there is a potential upside of 13.5%. There is a 50 day moving average of 52.74 and the 200 moving average now moves to 54.07. The market cap for the company is $77,880m. Company Website: http://www.mondelezinternational.com
Mondelez International, Inc., 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, Inc. in October 2012. Mondelez International, Inc. was founded in 2000 and is based in East Hanover, New Jersey.