A number of other research firms have also commented on MNDI. Deutsche Bank AG reaffirmed a buy rating on shares of Mondi Plc in a research report on Thursday, August 11th. Credit Suisse Group AG reiterated an outperform rating and set a GBX 1,880 ($24.54) price objective on shares of Mondi Plc in a research note on Tuesday, August 30th. Citigroup Inc. reiterated a neutral rating and set a GBX 1,650 ($21.54) price objective on shares of Mondi Plc in a research note on Tuesday, August 23rd. Barclays PLC reiterated an equal weight rating and set a GBX 1,500 ($19.58) price objective on shares of Mondi Plc in a research note on Friday, August 5th. Finally, Goldman Sachs Group Inc. downgraded shares of Mondi Plc to a sell rating and increased their price objective for the stock from GBX 1,325 ($17.30) to GBX 1,400 ($18.27) in a research note on Friday, September 2nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of GBX 1,636.67 ($21.36).
Shares of Mondi Plc (LON:MNDI) opened at 1602.00 on Tuesday. The company’s market capitalization is GBX 7.76 billion. The company’s 50 day moving average is GBX 1,596.22 and its 200-day moving average is GBX 1,421.75. Mondi Plc has a 1-year low of GBX 1,108.00 and a 1-year high of GBX 1,660.00.
About Mondi Plc
Mondi plc is a United Kingdom-based packaging and paper company. The Company is engaged in managing forests and producing pulp, paper and compound plastics for industrial and consumer packaging. The Company and Mondi Limited, under a dual listed company (DLC) structure, operate together as a single economic entity.
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