Mondi Plc Rating Reiterated by Credit Suisse (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “outperform” rating reiterated by Credit Suisse in a research note issued on Wednesday. They currently have a GBX 1,215 ($20.63) price target on the stock. Credit Suisse’s price target indicates a potential upside of 15.28% from the company’s current price.
Shares of Mondi Plc (LON:MNDI) traded down 1.86% during mid-day trading on Wednesday, hitting GBX 1054.00. 1,008,990 shares of the company’s stock traded hands. Mondi Plc has a 52-week low of GBX 895.00 and a 52-week high of GBX 1140.00. The stock has a 50-day moving average of GBX 1058. and a 200-day moving average of GBX 1033.. The company’s market cap is £5.094 billion.
A number of other analysts have also recently weighed in on MNDI. Analysts at Jefferies Group reiterated a “buy” rating on shares of Mondi Plc in a research note on Tuesday. They now have a GBX 1,325 ($22.50) price target on the stock. Separately, 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. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,222.72 ($20.76).
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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