Mondelez International (MDLZ) Shares are Up 1.95%

Mondelez International (MDLZ) : Traders are bullish on Mondelez International (MDLZ) as it has outperformed the S&P 500 by a wide margin of 1.72% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.41%, relative to the S&P 500. The stock has risen by 1.95% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.34% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.17% and the 50-Day Moving Average is 2.4%.The 200 Day SMA reached 0.52% Mondelez International, Inc. has dropped 2.16% during the last 3-month period . Year-to-Date the stock performance stands at -3.49%.


Mondelez International (MDLZ) : Average target price received by Mondelez International (MDLZ) is $50.11 with an expected standard deviation of $4.31. The most aggressive target on the stock is $60, whereas the most downbeat target is $44. 9 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy. Mondelez International (NASDAQ:MDLZ): stock was range-bound between the intraday low of $42.535 and the intraday high of $43.065 after having opened at $42.66 on Fridays session. The stock finally closed in the red at $42.66, a loss of -0.26%. The stock remained in the red for the whole trading day. The total traded volume was 10,721,642 shares. The stock failed to cross $43.065 in Fridays trading. The stocks closing price on Thursday was $42.91.

Mondelez International, Inc. is a snack food and beverage company. The Company manufactures and markets snack food and beverage products for consumers in approximately 165 countries around the world. The Company offers its brands in five product categories: biscuits (including cookies, crackers and salted snacks); chocolate; gum and candy; beverages (including coffee and powdered beverages), and cheese and grocery. It has a portfolio of around 58 brands, which include nine billion dollar brands: LU, Nabisco and Oreo biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolates; Trident gum, and Jacobs coffee and Tang powdered beverages. It has operations in Latin America, Asia Pacific, Eastern Europe, Middle East, and Africa (EEMEA), Europe and North America. The Companys products are sold to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores and other retail food outlets.

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