Mondi Plc Receives Buy Rating from Jefferies Group (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Group in a report released on Monday. They currently have a GBX 1,325 ($22.73) price objective on the stock. Jefferies Group’s price objective points to a potential upside of 25.12% from the company’s current price.
Shares of Mondi Plc (LON:MNDI) opened at 1057.00 on Monday. Mondi Plc has a one year low of GBX 841.00 and a one year high of GBX 1140.00. The stock’s 50-day moving average is GBX 1070. and its 200-day moving average is GBX 1028.. The company’s market cap is £5.108 billion.
A number of other firms have also recently commented on MNDI. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Mondi Plc in a research note on Tuesday, July 1st. They now have a GBX 1,310 ($22.47) price target on the stock. Finally, analysts at Davy Research reiterated an “outperform” rating on shares of Mondi Plc in a research note on Wednesday, June 11th. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the company. Mondi Plc has an average rating of “Buy” and a consensus price target of GBX 1,223.61 ($20.99).
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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