As Mondelēz International prepared to release its fourth quarter and full-year 2015 results on February 3, analysts predicted the company, renowned for its Cadbury chocolates and Oreo cookies, had a hopeful long-term future.
The analysts surveyed by Bloomberg predicted this promising future could be attained if the snacks food and beverage company continued to shrink costs, improve efficiency and survive the volatile commodity market. At the end of January, the Bloomberg survey of 17 analysts estimates a 12-month target price of $48.82, up 18.7% from the previous week and a…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
