Mondi Plc Stock Rating Reaffirmed by Jefferies Group (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Group in a research report issued on Tuesday. They currently have a GBX 1,325 ($22.50) price target on the stock. Jefferies Group’s target price suggests a potential upside of 23.37% from the company’s current price.
Mondi Plc (LON:MNDI) traded up 1.32% during mid-day trading on Tuesday, hitting GBX 1074.00. The stock had a trading volume of 1,165,825 shares. Mondi Plc has a one year low of GBX 895.00 and a one year high of GBX 1140.00. The stock has a 50-day moving average of GBX 1060. and a 200-day moving average of GBX 1033.. The company’s market cap is £5.191 billion.
Several other analysts have also recently commented on the stock. Analysts at Avior Research reiterated an “outperform” rating on shares of Mondi Plc in a research note on Monday. They now have a GBX 1,288 ($21.87) price target on the stock. Separately, 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. Finally, 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 ($22.24) price target on the stock. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price 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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