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

Mondelez International (NASDAQ:MDLZ) had its price target hoisted by stock analysts at Barclays from $68.00 to $70.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price target would suggest a potential upside of 12.34% from the stock’s current price.

A number of other brokerages have also weighed in on MDLZ. BNP Paribas Exane upped their price objective on Mondelez International from $68.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday. Bank of America raised their target price on Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a report on Friday, April 10th. BTIG Research started coverage on shares of Mondelez International in a research report on Tuesday, April 14th. They set a “buy” rating and a $70.00 target price on the stock. JPMorgan Chase & Co. upped their price target on shares of Mondelez International from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Freedom Capital downgraded shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $67.30.

Mondelez International Price Performance

Shares of MDLZ opened at $62.31 on Thursday. 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 stock’s 50 day moving average is $60.99 and its two-hundred day moving average is $59.55. Mondelez International has a twelve month low of $51.20 and a twelve month high of $66.65. The firm has a market capitalization of $79.98 billion, a PE ratio of 22.91, a P/E/G ratio of 2.57 and a beta of 0.39.

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

Institutional Trading of Mondelez International

Large investors have recently modified their holdings of the business. Norges Bank purchased a new position in shares of Mondelez International during the 4th quarter worth approximately $1,010,020,000. Capital International Investors raised its position in shares of Mondelez International by 10.7% during the 4th quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock worth $4,681,024,000 after purchasing an additional 8,382,270 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Mondelez International by 12.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock valued at $2,011,444,000 after buying an additional 3,993,811 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Mondelez International by 72.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,089,712 shares of the company’s stock valued at $489,299,000 after buying an additional 3,803,776 shares in the last quarter. Finally, Bank of Montreal Can grew its holdings in Mondelez International by 190.3% during the 4th quarter. Bank of Montreal Can now owns 4,273,865 shares of the company’s stock valued at $230,062,000 after buying an additional 2,801,689 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

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.