Mondelez International Rating Reiterated by TheStreet (MDLZ)
Mondelez International (NASDAQ:MDLZ)‘s stock had its “buy” rating restated by stock analysts at TheStreet in a report issued on Tuesday, American Banking News reports.
The analysts wrote, “Mondelez International (MDLZ) has been reiterated by TheStreet Ratings as a buy with a ratings score of B-. The company’s strengths can be seen in multiple areas, such as its revenue growth, increase in net income, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.”
Shares of Mondelez International (NASDAQ:MDLZ) opened at 33.61 on Tuesday. Mondelez International has a 1-year low of $26.45 and a 1-year high of $36.05. The stock has a 50-day moving average of $34.68 and a 200-day moving average of $32.64. The company has a market cap of $58.945 billion and a price-to-earnings ratio of 21.98.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse downgraded shares of Mondelez International from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, January 9th. They now have a $36.00 price target on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Mondelez International in a research note to investors on Wednesday, December 4th. They now have a $37.00 price target on the stock. Finally, analysts at RBC Capital initiated coverage on shares of Mondelez International in a research note to investors on Monday, November 25th. They set a “sector perform” rating and a $36.00 price target on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $37.75.
Mondelez International, Inc (NASDAQ:MDLZ), is a snack manufacturing company.
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