Mondi Plc’s Outperform Rating Reaffirmed at Credit Suisse (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “outperform” rating restated by investment analysts at Credit Suisse in a note issued to investors on Wednesday, Analyst Ratings.Net reports. They currently have a GBX 1,310 ($22.07) price objective on the stock. Credit Suisse’s price target points to a potential upside of 27.06% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Mondi Plc in a research note on Wednesday. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Mondi Plc in a research note on Wednesday. They now have a GBX 1,275 ($21.48) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Mondi Plc in a research note on Thursday, May 8th. They now have a GBX 1,260 ($21.22) price target on the stock. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Mondi Plc has a consensus rating of “Buy” and a consensus price target of GBX 1,208.05 ($20.35).
Shares of Mondi Plc (LON:MNDI) opened at 1062.00 on Wednesday. Mondi Plc has a one year low of GBX 745.50 and a one year high of GBX 1131.00. The stock has a 50-day moving average of GBX 1013. and a 200-day moving average of GBX 1015.. The company’s market cap is £5.133 billion.
Mondi plc is an international packaging and paper company. The Company continues to operate its forestry operations in order to manufacture pulp, uncoated fine paper and containerboard.
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