#4 - Mondelez International (NASDAQ:MDLZ)
Mondelez International (MDLZ)
P/E Ratio: 20.79
Dividend Yield: 2.16%
Mondelez International (NASDAQ: MDLZ) offers one of the best opportunities for growth in this sector. The multinational company is based in Chicago. Mondelez’s current price-to-earnings ratio of 20.79 suggests that MDLZ stock is a good value. However, 16 analysts have given the company’s stock a price target of $61.25. This would give investors a gain of over 15%.
MDLZ stock has been on an uptrend since the beginning of 2019. Significantly, the selloff in March seemed to set a floor for the stock that was significantly above the $39 price that was established at the end of 2018.
The company has a nice dividend of 2.16%. It has six consecutive years of dividend growth. Mondelez currently pays out a dividend of 28 cents per quarter. It last increased its dividend in July 2019 so investors should pay close attention to see if the company is going to provide another increase.
About Mondelez International
Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.
Read More - Current Price
- $64.94
- Consensus Rating
- Buy
- Ratings Breakdown
- 16 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $80.31 (23.7% Upside)
