Can Mondelez Stock Satisfy Shareholders?
The food business hasn't been the most glamorous part of the market, and for years, food companies languished with quiet businesses that produced only modest returns. The decision for the company formerly known as Kraft Foods to break up its business into two parts turned out to be a catalyst to spur growth, and for global snack food specialist Mondelez International (NASDAQ: MDLZ), independence gave its shareholders a chance finally to see more substantial gains in the stock. Yet after a few years of gains, Mondelez has stalled out, and that has some investors worrying about the company's future.
Market Capitalization
$66 billion
Source: Fool.com
Mondelez International Inc. A Stock
€55.13
0.360%
The stock is an absolute favorite of our community with 36 Buy predictions and no Sell predictions.
With a target price of 59 € there is a slightly positive potential of 7.02% for Mondelez International Inc. A compared to the current price of 55.13 €.
