Mondelez International, Inc. (NASDAQ:MDLZ) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Mondelez International, Inc. (NASDAQ:MDLZ) has been given a consensus rating of “Moderate Buy” by the twenty-two research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $68.3158.

Several equities research analysts recently issued reports on MDLZ shares. Zacks Research cut shares of Mondelez International from a “hold” rating to a “strong sell” rating in a report on Monday, November 10th. Evercore ISI dropped their price target on Mondelez International from $73.00 to $72.00 and set an “outperform” rating on the stock in a research note on Friday, September 26th. DZ Bank raised Mondelez International from a “sell” rating to a “buy” rating in a report on Thursday, October 30th. Sanford C. Bernstein reduced their price objective on Mondelez International from $85.00 to $84.00 and set an “outperform” rating for the company in a research report on Wednesday, October 29th. Finally, Royal Bank Of Canada dropped their target price on Mondelez International from $71.00 to $67.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 29th.

Mondelez International Price Performance

NASDAQ MDLZ opened at $57.10 on Friday. Mondelez International has a one year low of $53.95 and a one year high of $71.15. The stock has a 50-day moving average of $59.64 and a 200 day moving average of $63.40. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.39 and a current ratio of 0.61. The company has a market capitalization of $73.67 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 5.34 and a beta of 0.42.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 11th. The company reported $0.66 earnings per share (EPS) for the quarter. Mondelez International had a net margin of 9.38% and a return on equity of 14.16%. The business had revenue of $7.30 billion for the quarter. On average, sell-side analysts forecast that Mondelez International will post 2.9 EPS for the current year.

Institutional Trading of Mondelez International

Large investors have recently added to or reduced their stakes in the business. Soundwatch Capital LLC purchased a new position in shares of Mondelez International during the 2nd quarter worth $27,000. KERR FINANCIAL PLANNING Corp bought a new position in Mondelez International in the 3rd quarter worth $27,000. Rossby Financial LCC lifted its position in Mondelez International by 966.7% during the second quarter. Rossby Financial LCC now owns 448 shares of the company’s stock valued at $30,000 after purchasing an additional 406 shares in the last quarter. Aspect Partners LLC grew its holdings in Mondelez International by 180.5% during the second quarter. Aspect Partners LLC now owns 474 shares of the company’s stock valued at $32,000 after purchasing an additional 305 shares during the period. Finally, Richardson Financial Services Inc. grew its holdings in Mondelez International by 141.0% during the third quarter. Richardson Financial Services Inc. now owns 482 shares of the company’s stock valued at $30,000 after purchasing an additional 282 shares during the period. 78.32% of the stock is currently owned by institutional investors.

Mondelez International Company Profile

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 and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.