Mondi Plc Rating Reiterated by Credit Suisse (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “outperform” rating restated by Credit Suisse in a research note issued on Tuesday. They currently have a GBX 1,310 ($22.31) price target on the stock. Credit Suisse’s target price points to a potential upside of 23.35% from the stock’s previous close.
A number of other analysts have also recently weighed in on MNDI. Analysts at Davy Research reiterated an “outperform” rating on shares of Mondi Plc in a research note on Wednesday, June 11th. Separately, 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 ($21.46) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Mondi Plc in a research note on Wednesday, June 4th. They now have a GBX 1,325 ($22.57) price target on the stock. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of GBX 1,223.61 ($20.84).
Shares of Mondi Plc (LON:MNDI) traded up 0.47% on Tuesday, hitting GBX 1067.00. The stock had a trading volume of 1,132,491 shares. Mondi Plc has a 1-year low of GBX 806.4999 and a 1-year high of GBX 1140.00. The stock’s 50-day moving average is GBX 1068. and its 200-day moving average is GBX 1027.. The company’s market cap is £5.157 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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