Mondelez International (NASDAQ:MDLZ) Given Hold (C) Rating at Weiss Ratings

Key Points

• Mondelez International's stock has been given a "hold (c)" rating by Weiss Ratings, while other analysts have varied opinions on the stock, with Barclays rating it "overweight" and Jefferies upgrading it to "buy."
• The company's current stock price is $61.72, with fluctuations between a twelve-month low of $53.95 and a high of $72.70.
• Mondelez has a market capitalization of $79.86 billion and a consensus rating of "Moderate Buy" with an average price target of $71.55, according to MarketBeat.com.

Mondelez International (NASDAQ:MDLZ - Get Free Report)'s stock had its "hold (c)" rating reissued by stock analysts at Weiss Ratings in a research note issued to investors on Tuesday,Weiss Ratings reports.

MDLZ has been the subject of several other reports. Barclays upped their target price on Mondelez International from $74.00 to $77.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Evercore ISI dropped their price target on shares of Mondelez International from $73.00 to $72.00 and set an "outperform" rating for the company in a research note on Friday, September 26th. UBS Group lowered their target price on shares of Mondelez International from $69.00 to $65.00 and set a "neutral" rating for the company in a research note on Wednesday, October 8th. Jefferies Financial Group raised shares of Mondelez International from a "hold" rating to a "buy" rating and lifted their target price for the stock from $66.00 to $78.00 in a research note on Thursday, July 17th. Finally, Piper Sandler lifted their price target on shares of Mondelez International from $66.00 to $67.00 and gave the company a "neutral" rating in a research note on Wednesday, July 30th. Fourteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Mondelez International currently has a consensus rating of "Moderate Buy" and an average price target of $71.55.

Mondelez International Stock Performance

Shares of NASDAQ:MDLZ traded up $0.55 on Tuesday, reaching $61.72. 2,771,008 shares of the company's stock were exchanged, compared to its average volume of 8,594,725. The company has a fifty day moving average of $62.24 and a 200-day moving average of $65.39. Mondelez International has a twelve month low of $53.95 and a twelve month high of $72.70. The company has a market capitalization of $79.86 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 4.65 and a beta of 0.45. The company has a current ratio of 0.64, a quick ratio of 0.39 and a debt-to-equity ratio of 0.69.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced 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 9.84% and a return on equity of 15.35%. The firm had revenue of $7.30 billion for the quarter. On average, research analysts predict that Mondelez International will post 2.9 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MDLZ. Brighton Jones LLC lifted its stake in shares of Mondelez International by 92.4% during the 4th quarter. Brighton Jones LLC now owns 14,631 shares of the company's stock valued at $874,000 after buying an additional 7,025 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Mondelez International by 21.1% in the 1st quarter. GAMMA Investing LLC now owns 18,316 shares of the company's stock worth $1,243,000 after buying an additional 3,193 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Mondelez International by 0.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 39,978 shares of the company's stock worth $2,713,000 after buying an additional 361 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Mondelez International by 1.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 497,768 shares of the company's stock worth $33,774,000 after buying an additional 9,386 shares during the last quarter. Finally, Sound Income Strategies LLC grew its holdings in shares of Mondelez International by 11.1% during the 1st quarter. Sound Income Strategies LLC now owns 1,688 shares of the company's stock valued at $115,000 after purchasing an additional 168 shares during the last quarter. 78.32% of the stock is currently owned by hedge funds and other institutional investors.

About Mondelez International

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.

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