UBS analyst Cody Ross maintains $Mondelez International (MDLZ.US)$ with a hold rating, and adjusts the target price from $77 to $76.
According to TipRanks data, the analyst has a success rate of 45.7% and a total average return of 4.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Mondelez International (MDLZ.US)$'s main analysts recently are as follows:
Post the Q3 report, the company's reiterated full-year outlook suggests a Q4 earnings projection that is less robust than anticipated, with indications that earnings may decline in 2025 compared to the previous year. Estimates have been adjusted by analysts to take into account the impact of cocoa inflation, yet there is a belief that there could be greater potential for earnings increases in the upcoming year rather than a decrease.
Following Mondelez's Q3 outcomes, the company's management maintains expectations for organic growth to remain at the higher end of the projected 3%-5% range for 2024.
The observation has been made that management anticipates challenges in increasing EPS by 2025, with additional impacts expected from external factors, resulting in a likelihood of declined EPS, although not to a significant extent. It was noted that despite these challenges, the company's robust organic sales are expected to continue improving, and based on current projections, the valuation appears reasonable when considering estimated earnings for 2025 and 2026.
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