With an annual dividend yield of 3.47%, Mondelēz International, Inc. (NASDAQ:MDLZ) is included among the 10 Best Fortune 500 Dividend Stocks to Invest in Right Now.
Mondelēz International, Inc. (NASDAQ:MDLZ) is an American multinational confectionery, food, and beverage company that employs approximately 80,000 people around the world.
On April 13, Deutsche Bank slightly upped its price target on Mondelēz International, Inc. (NASDAQ:MDLZ) from $54 to $55, while keeping a ‘Hold’ rating on the shares.
A day later, BTIG analyst Rob Dickerson initiated coverage of Mondelēz International, Inc. (NASDAQ:MDLZ) with a ‘Buy’ rating and a price target of $70, indicating an upside of over 21% from the current levels.
BTIG sees MDLZ as “overly discounted” at the current price levels, considering the company’s long-term growth potential in emerging markets, margin expansion from cost deflation, and a “hopeful” stabilization of the biscuits business in the United States. The analyst firm believes that an upside in Mondelez’s out-year cash flows could lead to further acquisitions in the future.
Mondelēz International, Inc. (NASDAQ:MDLZ) has remained prudent with its guidance for FY 2026, given the recent cocoa volatility and the subdued biscuit category performance in the US.
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