Mondelez International History: Everything Investors Need to Know
In October 2012, Kraft Foods split itself into two separate publicly traded companies: Mondelez International (NASDAQ: MDLZ) and Kraft Foods Group, which is now part of Kraft Heinz. Kraft Foods retained numerous, classic grocery brands, including Oscar Mayer and Velveeta, but Mondelez International kept the good stuff -- Cadbury and Milka chocolate, Nabisco and Oreo cookies, and Trident gum, among several others.
Since it began trading as a stand-alone company on Oct. 2, 2012, Mondelez stock is up more than 50%, as the snack food giant has been able to improve margins in the face of slow growth. Let's review the company's performance, as well as the opportunities and challenges Mondelez faces going forward.
Image Source: Mondelez International.
Source: Fool.com
Mondelez International Inc. A Stock
The stock is an absolute favorite of our community with 30 Buy predictions and no Sell predictions.
With a target price of 73 € there is a slightly positive potential of 12.15% for Mondelez International Inc. A compared to the current price of 65.09 €.
