Deutsche Bank Assigned a Hold Rating to Mondelez InternationalBy Jason Carr
According to TipRanks.com, Contreras is a 2-star analyst with an average return of 1.0% and a 50.0% success rate. Contreras covers the Consumer Goods sector, focusing on stocks such as McCormick & Company, AdvancePierre Foods, and WhiteWave Foods.
Mondelez International has an analyst consensus of Moderate Buy, with a price target consensus of $53.67.
Mondelez International’s market cap is currently $68.02B and has a P/E ratio of 87.30. The company has a book value ratio of 2.4727.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MDLZ in relation to earlier this year. Most recently, in February 2016, Lewis Booth, a Director at MDLZ bought 5,430 shares for a total of $213,779.
Mondelez International, Inc. is engaged in the manufacturing and marketing of snack food and beverage products, which include biscuits such as cookies, crackers and salted snacks, chocolate, gum & candy, coffee & powdered beverages and various cheese & grocery products. It operates its business through five segments: Latin America, Asia Pacific, EEMEA, Europe and North America. The company brands include global brands such as Oreo, LU and belVita biscuits; Milka, Cadbury Dairy Milk and Lacta chocolate; Halls candy; Trident gum; Tang powdered beverages and Jacobs, Tassimo and Carte Noire coffee. Mondelez International was founded by James Lewis Kraft in 2000 is headquartered in Deerfield, IL.