Jefferies (NYSE:JEF) analyst Robert Dickerson maintained a Buy rating on Mondelez (NASDAQ:MDLZ) International on Tuesday, setting a price target of $72, which is approximately 15.26% above the present share price of $62.47.
Dickerson expects Mondelez International to post earnings per share (EPS) of $0.90 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Mondelez International, with an average price target of $69.8.
The analysts price targets range from a high of $72 to a low of $67.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $7.18 billion and a net profit of $1.36 billion. The company's market cap is $87.14 billion.
According to TipRanks.com, Jefferies analyst Robert Dickerson is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 6.1% and a 54.69% success rate.
Illinois-based Mondelez International, Inc. is one of the largest snack companies in the world, with it manufacturing and marketing snack food products like biscuits (cookies, crackers and salted snacks), chocolate, gum & candy as well as various cheese & grocery and powdered beverage products. Its iconic global brands include Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum.