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A report released today by Piper Jaffray about Mondelez Int'l (NASDAQ:MDLZ) raises the target price to $48.00

Mondelez Int'l (NASDAQ:MDLZ) had its target price raised to $48.00 by Piper Jaffray in a report released 05/25/2017. The new target price indicates a possible upside of 0.04% based on the company's last stock close price.

Yesterday Mondelez Int'l (NASDAQ:MDLZ) traded 0.35% higher at $46.11. The company’s 50-day moving average is $42.26 and its 200-day moving average is $43.99. The last stock close price is up -7.56% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 8,136,292 shares of the stock were exchanged, up from an average trading volume of 7,800,150

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Mondelez Int'l (NASDAQ:MDLZ)

Mondelez Int'l has a 52 week low of $40.04 and a 52 week high of $47.23 with a P/E ratio of 35.76 The company’s market cap is currently $0.

In addition to Piper Jaffray reporting its target price, a total of 17 firms have reported on the stock. The consensus target price is $46.06 with 4 firms rating the stock a strong buy, 10 firms rating the stock a buy, 8 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Mondelez Int'l (NASDAQ:MDLZ)

Mondelez International, Inc. is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery. Itsportfolio includes various snack brands, including Nabisco, Oreo, LU and belVita biscuits; Cadbury, Milka, Cadbury Dairy Milk and Toblerone chocolate; Trident gum; Halls candy, and Tang powdered beverages. The Company sells its products to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores and retail food outlets. As of December 31, 2016, it sold its products to consumers in approximately 165 countries.

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