Mondelez International (NASDAQ:MDLZ) Price Target Raised to $70.00

Mondelez International (NASDAQ:MDLZ) had its price target upped by BNP Paribas Exane from $68.00 to $70.00 in a report published on Wednesday,Benzinga reports. The firm currently has an outperform rating on the stock.

A number of other equities research analysts have also recently commented on MDLZ. Bank of America increased their price target on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a report on Friday, April 10th. Jefferies Financial Group restated a “buy” rating and issued a $73.00 price objective on shares of Mondelez International in a report on Wednesday. JPMorgan Chase & Co. increased their target price on Mondelez International from $70.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday. Freedom Capital downgraded Mondelez International from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Finally, TD Cowen boosted their price target on Mondelez International from $67.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, Mondelez International currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.30.

Mondelez International Trading Down 1.2%

Mondelez International stock opened at $62.31 on Wednesday. The company has a current ratio of 0.60, a quick ratio of 0.37 and a debt-to-equity ratio of 0.62. The business’s fifty day simple moving average is $60.99 and its two-hundred day simple moving average is $59.55. Mondelez International has a 12 month low of $51.20 and a 12 month high of $66.65. The company has a market capitalization of $79.98 billion, a price-to-earnings ratio of 22.91, a price-to-earnings-growth ratio of 2.57 and a beta of 0.39.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Tuesday, July 28th. The company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. The firm had revenue of $9.36 billion for the quarter, compared to analysts’ expectations of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The company’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, equities analysts predict that Mondelez International will post 3.04 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Tuesday, June 30th. Mondelez International’s dividend payout ratio is 73.53%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Whipplewood Advisors LLC increased its stake in Mondelez International by 35.5% in the first quarter. Whipplewood Advisors LLC now owns 645 shares of the company’s stock worth $37,000 after purchasing an additional 169 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of Mondelez International by 3.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company’s stock valued at $292,000 after purchasing an additional 173 shares during the period. Leo Wealth LLC grew its holdings in shares of Mondelez International by 2.4% in the fourth quarter. Leo Wealth LLC now owns 7,495 shares of the company’s stock worth $403,000 after purchasing an additional 176 shares during the last quarter. Granite Investment Partners LLC grew its holdings in shares of Mondelez International by 0.6% in the first quarter. Granite Investment Partners LLC now owns 29,284 shares of the company’s stock worth $1,688,000 after purchasing an additional 177 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co grew its holdings in shares of Mondelez International by 2.1% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company’s stock worth $515,000 after purchasing an additional 179 shares during the last quarter. Hedge funds and other institutional investors own 78.32% of the company’s stock.

Trending Headlines about Mondelez International

Here are the key news stories impacting Mondelez International this week:

• Positive Sentiment: Analyst price targets point to upside. JPMorgan Chase, TD Cowen and BNP Paribas Exane reportedly expect meaningful appreciation in Mondelez shares, reinforcing the view that the company’s valuation and consumer-staples profile offer potential upside. JPMorgan Chase forecasts strong price appreciation TD Cowen forecasts strong price appreciation BNP Paribas Exane expects Mondelez stock to rise
• Positive Sentiment: Barclays raised its target. Barclays lifted its Mondelez price target from $68 to $70 and maintained an “overweight” rating, implying approximately 12% upside from the referenced share price. The target increase is a direct positive catalyst for investor sentiment. Barclays raises Mondelez price target
• Neutral Sentiment: Wall Street coverage is not uniformly bullish. Recent roundups describe conflicting analyst views on Mondelez alongside other consumer-goods companies. That disagreement may produce volatility and limit the impact of the favorable target revisions. Conflicting analyst sentiment on consumer-goods companies Wall Street sentiment on Mondelez
• Neutral Sentiment: Brand marketing provides a modest operating catalyst. Mondelez launched a limited-edition CHIPS AHOY! mystery flavor campaign designed to increase consumer engagement, but the initiative is unlikely to materially affect near-term earnings. CHIPS AHOY! mystery flavor launch

Mondelez International Company Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.