Mondi Stock Rating Reaffirmed by Davy Research (MNDI)
Mondi (LON:MNDI)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Davy Research in a research note issued to investors on Wednesday, Stock Ratings Network.com reports.
Mondi (LON:MNDI) opened at 917.00 on Wednesday. Mondi has a 52-week low of GBX 729.50 and a 52-week high of GBX 1131.00. The stock has a 50-day moving average of GBX 989.5 and a 200-day moving average of GBX 1018.. The company’s market cap is £4.438 billion.
MNDI has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Mondi in a research note to investors on Tuesday. They now have a GBX 1,310 ($21.59) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Mondi in a research note to investors on Wednesday, January 22nd. They now have a GBX 1,080 ($17.80) price target on the stock. Finally, analysts at Avior Research reiterated an “outperform” rating on shares of Mondi in a research note to investors on Monday, January 20th. They now have a GBX 1,201 ($19.79) price target on the stock. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 1,152.20 ($18.99).
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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