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Mondi Plc (LON:MNDI)‘s stock had its “buy” rating restated by research analysts at Jefferies Group in a report released on Thursday. They currently have a GBX 1,325 ($22.30) price objective on the stock. Jefferies Group’s price objective points to a potential upside of 30.16% from the company’s current price.

Shares of Mondi Plc (LON:MNDI) traded down 0.79% during mid-day trading on Thursday, hitting GBX 1010.0001. 1,089,794 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 1052. and a 200-day moving average of GBX 1033.. The company’s market cap is £4.881 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 Wednesday, July 30th. They now have a GBX 1,215 ($20.44) 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, July 28th. They now have a GBX 1,288 ($21.67) price target on the stock. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Mondi Plc presently has a consensus rating of “Buy” and a consensus target price of GBX 1,222.72 ($20.57).

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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