Mondelez International Inc (NASDAQ:MDLZ) has received a consensus recommendation of “Buy” from the seventeen ratings firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $49.45.

A number of brokerages recently weighed in on MDLZ. BidaskClub upgraded Mondelez International from a “hold” rating to a “buy” rating in a research note on Thursday. DZ Bank upgraded Mondelez International from a “hold” rating to a “buy” rating in a research note on Friday, July 27th. Zacks Investment Research upgraded Mondelez International from a “sell” rating to a “hold” rating in a research note on Tuesday, July 31st. UBS Group upped their price objective on Mondelez International from $50.00 to $51.00 and gave the stock a “buy” rating in a research note on Thursday, July 26th. Finally, Piper Jaffray Companies set a $48.00 price objective on Mondelez International and gave the stock a “buy” rating in a research note on Tuesday, October 30th.

In other Mondelez International news, EVP Daniel P. Myers sold 27,963 shares of the stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $43.44, for a total value of $1,214,712.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maurizio Brusadelli sold 7,381 shares of the stock in a transaction dated Friday, September 14th. The shares were sold at an average price of $43.74, for a total value of $322,844.94. Following the completion of the sale, the executive vice president now owns 73,959 shares of the company’s stock, valued at $3,234,966.66. The disclosure for this sale can be found here. Company insiders own 2.00% of the company’s stock.

Several large investors have recently made changes to their positions in MDLZ. Quad Cities Investment Group LLC purchased a new position in shares of Mondelez International in the second quarter worth about $111,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Mondelez International in the third quarter worth about $129,000. Kaizen Advisory LLC raised its stake in shares of Mondelez International by 131.7% in the second quarter. Kaizen Advisory LLC now owns 3,387 shares of the company’s stock worth $139,000 after purchasing an additional 1,925 shares during the last quarter. BKS Advisors LLC purchased a new position in shares of Mondelez International in the third quarter worth about $141,000. Finally, Sun Life Financial INC raised its stake in shares of Mondelez International by 1,312.4% in the second quarter. Sun Life Financial INC now owns 3,997 shares of the company’s stock worth $164,000 after purchasing an additional 3,714 shares during the last quarter. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Shares of NASDAQ MDLZ opened at $43.48 on Monday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.56 and a quick ratio of 0.38. The firm has a market cap of $63.52 billion, a P/E ratio of 18.43, a P/E/G ratio of 1.99 and a beta of 0.75. Mondelez International has a 1-year low of $37.42 and a 1-year high of $46.54.

Mondelez International (NASDAQ:MDLZ) last issued its quarterly earnings data on Monday, October 29th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. The firm had revenue of $6.29 billion during the quarter, compared to analysts’ expectations of $6.32 billion. Mondelez International had a return on equity of 13.71% and a net margin of 12.46%. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.57 EPS. As a group, equities analysts forecast that Mondelez International will post 2.43 EPS for the current fiscal year.

Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; gums and candies; coffee and powdered beverages; and cheese and grocery products. The company's primary snack brand portfolio includes Nabisco, Oreo, LU, and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk, and Toblerone chocolates; Trident gums; Halls candies; and Tang powdered beverages.

Further Reading: Systematic Risk and Investors

Analyst Recommendations for Mondelez International (NASDAQ:MDLZ)

Receive News & Ratings for Mondelez International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondelez International and related companies with MarketBeat.com's FREE daily email newsletter.