Mondi Given Consensus Recommendation of “Buy” by Brokerages (LON:MNDI)
Shares of Mondi (LON:MNDI) have received a consensus recommendation of “Buy” from the twelve ratings firms that are covering the stock, AnalystRatingsNetwork.com reports. Five equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 1,143.42 ($18.76).
Mondi (LON:MNDI) opened at 960.0001 on Thursday. Mondi has a 1-year low of GBX 745.50 and a 1-year high of GBX 1131.00. The stock has a 50-day moving average of GBX 986.4 and a 200-day moving average of GBX 1020.. The company’s market cap is £4.646 billion.
A number of analysts have recently weighed in on MNDI shares. Analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Mondi in a research note on Wednesday. Separately, analysts at Davy Research reiterated an “outperform” rating on shares of Mondi in a research note on Wednesday, January 29th. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Mondi in a research note on Tuesday, January 28th. They now have a GBX 1,310 ($21.49) price target on the stock.
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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