Barclays analyst Andrew Lazar maintained a Buy rating on Mondelez International (MDLZ) on July 12 and set a price target of $60. The company’s shares closed on Friday at $54.54, close to its 52-week high of $55.85.
According to TipRanks.com, Lazar is a 4-star analyst with an average return of 8.4% and a 67.9% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as McCormick & Company, Conagra Brands Inc, and Post Holdings Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mondelez International with a $57.10 average price target.
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Mondelez International’s market cap is currently $78.75B and has a P/E ratio of 32.26. The company has a Price to Book ratio of 3.05.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.
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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.
