In a research report issued on Monday, Bank of America reinstated their buy rating on shares of Mondelez International Inc. The company recently has a $45.00 goal price on the stock.
Mondelez International’s (MDLZ )has been the topic of several other reports. In a research note on Tuesday, December 29, Vetr limit Mondelez International from a buy rating to a hold rating and agreed a $45.74 price goal for the firm.
In a research note on Tuesday, December 29, Susquehanna restated a buy rating on shares of Mondelez International. In a research note on Monday, December 7, Nomura decrease their price goal on Mondelez International to $33.00 and agreed a reduce rating for the company. In a research note on Thursday, January 7. Deutsche Bank limit Mondelez International from a buy rating to a hold rating and reduce their price goal for the company from $49.00 to $48.00. They noted that the action was a valuation call. Lastly, in a research note on Monday, January 4, Zacks Investment Research limit Mondelez International from a hold rating to a sell rating. Two equities research analysts have ranked the stock with a sell rating, four have assigned a hold rating and fifteen have given a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus goal price of $45.34.
In Additional News
On Wednesday, February 17, Director Lewis W. K. Booth purchases 5,430 stocks of the company’s shares in a business deal. The shares were bought at an average price of $39.37 per share, with a total worth of $213,779.10. The purchase was revealed in a certificate filed with the Securities and Exchange Commission.
Other institutional investors have currently purchased and sold shares of Mondelez International (MDLZ). In the fourth quarter, the Bremer Trust National Association increased its place in Mondelez International by 3.5 percent. After purchasing an extra 255 shares in the last quarter, Bremer Trust National Association currently holds 7,485 shares of the company’s shares worth at $336,000.
In the fourth quarter, Country Club Trust Company n.a. improved its place in Mondelez International by 5.5 percent. Country Club Trust Company n.a. currently have possession of 7,731 shares of the company’s stock worth $347,000 after purchasing an extra 405 shares in the last quarter.
In the fourth quarter, Security National Trust Co. increase its place in Mondelez International by 0.6 percent. Security National Trust Co. now have possession of 7,962 shares of the company’s shares worth $357,000 after purchasing an extra 48 shares in the last quarter.
In the fourth quarter, Cape Cod Five Cents Savings Bank increased its position in Mondelez International by 2.0 percent. After purchasing an extra 190 shares in the last quarter, Cape Cod Five Cents Savings Bank currently holds 9,488 shares of the company’s shares worth $426,000. Lastly, in the fourth quarter, Bank of The West increase its place in Mondelez International by 4.2 percent. After buying an extra 429 shares in the last quarter, Bank of The West currently holds 10,707 shares of the company’s shares worth $480,000.
On Monday, Mondelez International opened at 42.24.The firm’s 50-day moving average cost is $40.40 and its 200-day moving average cost is $42.92. The company has a market cap of $66.27 billion and a price earnings ratio of 9.51. Mondelez International has a 52 week decrease of $33.97 and a 52 week increase of $48.58.
On Wednesday, February 3, Mondelez International last posted its earnings results. The firm posted $0.46 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. The business made $7.36 billion during the quarter, in comparison to analysts’ anticipations of $7.27 billion. Mondelez International’s income was decline 16.6 percent on a YoY basis. During the same period in the prior year, the company made $0.47 earnings per share. On average, equities analysts predicted that Mondelez International will post $1.75 EPS for the recent fiscal year.
The company also currently stated a quarterly dividend, that will be paid on Thursday, April 14th. Investors of record on Thursday, March 31st will be release a $0.17 dividend. The ex-dividend period of this dividend is Tuesday, March 29th. This signifies a $0.68 yearly dividend and a yield of 1.61 percent.