Mondi Plc’s Outperform Rating Reaffirmed at Avior Research (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “outperform” rating reiterated by stock analysts at Avior Research in a report issued on Monday. They currently have a GBX 1,288 ($21.87) price target on the stock. Avior Research’s price objective points to a potential upside of 21.51% from the company’s current price.
Mondi Plc (LON:MNDI) traded up 0.28% on Monday, hitting GBX 1060.00. The stock had a trading volume of 653,652 shares. Mondi Plc has a 1-year low of GBX 895.00 and a 1-year high of GBX 1140.00. The stock has a 50-day moving average of GBX 1059. and a 200-day moving average of GBX 1032.. The company’s market cap is £5.123 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Mondi Plc in a research note on Friday, July 18th. They now have a GBX 1,310 ($22.24) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Mondi Plc in a research note on Tuesday, July 15th. They now have a GBX 1,325 ($22.50) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Mondi Plc in a research note on Monday, July 7th. They now have a GBX 1,325 ($22.50) price target on the stock. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Mondi Plc currently has a consensus rating of “Buy” and an average price target of GBX 1,233.28 ($20.94).
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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