Mondi Receives Outperform Rating from Credit Suisse (MNDI)
Mondi (LON:MNDI)‘s stock had its “outperform” rating restated by research analysts at Credit Suisse in a report released on Friday, ARN reports. They currently have a GBX 1,220 ($19.07) target price on the stock. Credit Suisse’s price objective suggests a potential upside of 11.21% from the company’s current price.
A number of other analysts have also recently weighed in on MNDI. Analysts at Jefferies Group reiterated a “buy” rating on shares of Mondi (LON:MNDI) in a research note to investors on Thursday. They now have a GBX 1,150 ($17.98) price target on the stock. Separately, analysts at UBS AG reiterated a “neutral” rating on shares of Mondi (LON:MNDI) in a research note to investors on Tuesday, September 3rd. They now have a GBX 990 ($15.48) price target on the stock.
One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. Mondi presently has a consensus rating of “Hold” and an average price target of GBX 1,011.96 ($15.82).
Shares of Mondi (LON:MNDI) opened at 1093.00 on Friday. Mondi has a 52 week low of GBX 587.00 and a 52 week high of GBX 1117.00. The stock has a 50-day moving average of GBX 1016. and a 200-day moving average of GBX 903.0. The company’s market cap is £5.290 billion.
Mondi plc is the holding company of the Mondi Group. The Company’s key operations are located in central Europe, Russia and South Africa.
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