Shares of Mondi Plc (LON:MNDI) have earned an average rating of “Buy” from the ten research firms that are presently covering the firm. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 1,661.25 ($21.68).
A number of analysts recently commented on the company. Goodbody reiterated a “hold” rating on shares of Mondi Plc in a research report on Tuesday, July 26th. Credit Suisse Group AG upped their price target on Mondi Plc from GBX 1,845 ($24.08) to GBX 1,880 ($24.54) and gave the stock an “outperform” rating in a research report on Friday, August 5th. Deutsche Bank AG restated a “buy” rating and issued a GBX 1,700 ($22.19) price target on shares of Mondi Plc in a research report on Tuesday, July 26th. Davy Research restated an “outperform” rating on shares of Mondi Plc in a research report on Thursday, August 4th. Finally, JPMorgan Chase & Co. upped their price target on Mondi Plc from GBX 1,530 ($19.97) to GBX 1,610 ($21.02) and gave the stock an “overweight” rating in a research report on Monday, July 18th.
Mondi Plc (LON:MNDI) traded up 1.88% during mid-day trading on Tuesday, reaching GBX 1680.00. The company had a trading volume of 2,668,214 shares. Mondi Plc has a 1-year low of GBX 1,108.00 and a 1-year high of GBX 1,702.00. The company’s market capitalization is GBX 8.13 billion. The firm has a 50-day moving average of GBX 1,599.06 and a 200 day moving average of GBX 1,428.24.
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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