Analysts Offer Insights on Consumer Goods Companies: Mondelez International (MDLZ) and Nestlé SA (OtherNSRGF)
Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Mondelez International (MDLZ) and Nestlé SA (NSRGF).
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Mondelez International (MDLZ)
In a report issued on March 20, Nik Modi from RBC Capital maintained a Buy rating on Mondelez International, with a price target of $63.00. The company’s shares closed last Monday at $56.86, close to its 52-week low of $53.95.
According to TipRanks.com, Modi has 0 stars on 0-5 stars ranking scale with an average return of
Mondelez International has an analyst consensus of Moderate Buy, with a price target consensus of $67.13, a 18.3% upside from current levels. In a report issued on March 9, Stifel Nicolaus also maintained a Buy rating on the stock with a $68.00 price target.
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Nestlé SA (NSRGF)
Jefferies analyst David Hayes maintained a Hold rating on Nestlé SA today and set a price target of CHF80.00. The company’s shares closed last Monday at $96.25.
Hayes has an average return of
According to TipRanks.com, Hayes is ranked #4322 out of 12128 analysts.
Currently, the analyst consensus on Nestlé SA is a Hold with an average price target of $105.75, implying an 11.5% upside from current levels. In a report issued on March 21, TipRanks – xAI also downgraded the stock to Hold with a CHF80.00 price target.
Read More on MDLZ:
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- Mondelez: Resilient Demand, Easing Cocoa Prices, and Favorable Timing Reinforce Buy Rating
- Mondelez price target raised, named a Top Pick at Morgan Stanley
- Investors Flee Big Tech for “Real Economy” Stocks as Market Leadership Shifts
- Mondelez Establishes New $1.5 Billion Credit Facility
- Conagra Brands price target raised to $19 from $18 at Morgan Stanley
