Jefferies Group Reiterates Buy Rating for Mondi Plc (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “buy” rating reiterated by analysts at Jefferies Group in a research report issued to clients and investors on Wednesday. They currently have a GBX 1,325 ($22.21) price objective on the stock. Jefferies Group’s price target would indicate a potential upside of 23.26% from the company’s current price.
MNDI has been the subject of a number of other recent research reports. Analysts at Goldman Sachs reiterated a “neutral/neutral” rating on shares of Mondi Plc in a research note on Friday, May 16th. They now have a GBX 1,114 ($18.68) price target on the stock. Separately, analysts at Davy Research reiterated an “outperform” rating on shares of Mondi Plc in a research note on Wednesday, May 14th. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Mondi Plc in a research note on Wednesday, May 14th. They now have a GBX 1,310 ($21.96) price target on the stock. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,223.61 ($20.51).
Shares of Mondi Plc (LON:MNDI) opened at 1091.00 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 1018. and a 200-day moving average of GBX 1013.. The company’s market cap is £5.273 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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