Mondi Plc Rating Reiterated by Goldman Sachs (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “neutral/neutral” rating restated by equities researchers at Goldman Sachs in a research report issued on Friday, AmericanBankingNews.com reports. They currently have a GBX 1,114 ($18.76) price target on the stock. Goldman Sachs’ target price points to a potential upside of 10.29% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Davy Research reiterated an “outperform” rating on shares of Mondi Plc in a research note on Wednesday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Mondi Plc in a research note on Wednesday. They now have a GBX 1,310 ($22.07) price target on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Mondi Plc in a research note on Wednesday. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Mondi Plc presently has an average rating of “Buy” and a consensus target price of GBX 1,218.06 ($20.52).
Shares of Mondi Plc (LON:MNDI) opened at 1001.00 on Friday. Mondi Plc 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 1012. and a 200-day moving average of GBX 1014.. The company’s market cap is £4.838 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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