Mondi Plc Given Consensus Recommendation of “Buy” by Brokerages (LON:MNDI)
Mondi Plc (LON:MNDI) has received a consensus recommendation of “Buy” from the twelve brokerages that are presently covering the company, American Banking News reports. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 1,223.61 ($20.82).
A number of research firms have recently commented on MNDI. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Mondi Plc in a research note on Friday, June 13th. They now have a GBX 1,310 ($22.29) 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, June 11th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Mondi Plc in a research note on Thursday, June 5th. They now have a GBX 1,260 ($21.44) price target on the stock.
Mondi Plc (LON:MNDI) traded down 0.09% on Thursday, hitting GBX 1080.00. The stock had a trading volume of 323,597 shares. Mondi Plc has a one year low of GBX 772.50 and a one year high of GBX 1140.00. The stock has a 50-day moving average of GBX 1061. and a 200-day moving average of GBX 1023.. The company’s market cap is £5.220 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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