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UBS Maintains Mondelez International(MDLZ.US) With Hold Rating, Cuts Target Price to $76

Futu News ·  12:32  · Ratings

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.

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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.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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