In a report released yesterday, Robert Moskow from Credit Suisse maintained a Buy rating on Mondelez International (NASDAQ: MDLZ), with a price target of $48. The company’s shares closed yesterday at $42.90.
According to TipRanks.com, Moskow is a 3-star analyst with an average return of 2.0% and a 49.5% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Pinnacle Foods, Bunge Limited, and Campbell Soup.
Mondelez International has an analyst consensus of Strong Buy, with a price target consensus of $49, representing a 14.2% upside. In a report released yesterday, UBS also reiterated a Buy rating on the stock with a $51 price target.
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Mondelez International’s market cap is currently $62.91B and has a P/E ratio of 21.52. The company has a Price to Book ratio of 2.50.
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Mondelez International, Inc. engages in the manufacture and marketing of snack food and beverage products. It operates through the following geographical segments: Latin America; Asia, Middle East, and Africa; Europe; and North America. Its products include beverages, biscuits, meals, chocolate, gum, and candy.
