Investment analysts at BNP Paribas assumed coverage on shares of Mondelez International (NASDAQ:MDLZ – Get Rating) in a research note issued on Tuesday, MarketBeat reports. The brokerage set a “neutral” rating and a $68.00 price target on the stock. BNP Paribas’ target price indicates a potential upside of 4.62% from the company’s previous close.
MDLZ has been the topic of several other reports. The Goldman Sachs Group cut their price target on shares of Mondelez International from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, October 10th. Sanford C. Bernstein boosted their price target on shares of Mondelez International to $79.00 and gave the stock an “outperform” rating in a report on Wednesday, July 27th. TheStreet cut shares of Mondelez International from a “b” rating to a “c+” rating in a report on Tuesday, November 1st. Cowen initiated coverage on shares of Mondelez International in a report on Wednesday, September 14th. They set an “outperform” rating and a $71.00 price target on the stock. Finally, StockNews.com cut shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Wednesday, November 2nd. Three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $70.94.
Mondelez International Stock Up 0.5 %
Shares of NASDAQ MDLZ opened at $65.00 on Tuesday. The stock has a market capitalization of $88.77 billion, a P/E ratio of 28.89, a P/E/G ratio of 3.26 and a beta of 0.66. The company has a 50-day moving average price of $59.76 and a 200-day moving average price of $61.78. Mondelez International has a 1 year low of $54.72 and a 1 year high of $69.47. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.69 and a quick ratio of 0.46.
Institutional Trading of Mondelez International
About Mondelez International
Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.
- Get a free copy of the StockNews.com research report on Mondelez International (MDLZ)
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