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Mondelez International Inc has a consensus price target of $79.69 based on the ratings of 30 analysts. The high is $88 issued by Bernstein on July 17, 2024. The low is $71 issued by UBS on December 8, 2022. The 3 most-recent analyst ratings were released by Citigroup, Piper Sandler, and Wells Fargo on October 30, 2024, respectively. With an average price target of $80 between Citigroup, Piper Sandler, and Wells Fargo, there's an implied 25.37% upside for Mondelez International Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Mondelez International (NASDAQ:MDLZ) was reported by Citigroup on October 30, 2024. The analyst firm set a price target for $78.00 expecting MDLZ to rise to within 12 months (a possible 22.24% upside). 32 analyst firms have reported ratings in the last year.
The latest analyst rating for Mondelez International (NASDAQ:MDLZ) was provided by Citigroup, and Mondelez International maintained their buy rating.
The last upgrade for Mondelez International Inc happened on November 28, 2023 when Argus Research raised their price target to $83. Argus Research previously had a hold for Mondelez International Inc.
The last downgrade for Mondelez International Inc happened on January 3, 2023 when RBC Capital changed their price target from N/A to $69 for Mondelez International Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mondelez International, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Mondelez International was filed on October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.
While ratings are subjective and will change, the latest Mondelez International (MDLZ) rating was a maintained with a price target of $80.00 to $78.00. The current price Mondelez International (MDLZ) is trading at is $63.81, which is out of the analyst’s predicted range.
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