Analysts Offer Insights on Consumer Goods Companies: Ingredion (INGR) and Mondelez International (MDLZ)
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Ingredion (INGR – Research Report) and Mondelez International (MDLZ – Research Report).
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Ingredion (INGR)
Barclays analyst Benjamin Theurer maintained a Hold rating on Ingredion today and set a price target of $124.00. The company’s shares closed last Tuesday at $116.99, close to its 52-week low of $109.51.
According to TipRanks.com, Theurer is a 4-star analyst with an average return of
Currently, the analyst consensus on Ingredion is a Hold with an average price target of $124.00.
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Mondelez International (MDLZ)
Barclays analyst Andrew Lazar maintained a Buy rating on Mondelez International today and set a price target of $67.00. The company’s shares closed last Tuesday at $59.02.
According to TipRanks.com, Lazar is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mondelez International with a $66.18 average price target, implying a 13.5% upside from current levels. In a report issued on January 13, Wells Fargo also maintained a Buy rating on the stock with a $62.00 price target.
