Mondi Plc Receives Outperform Rating from Credit Suisse (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “outperform” rating reaffirmed by research analysts at Credit Suisse in a report released on Thursday. They currently have a GBX 1,215 ($20.44) target price on the stock. Credit Suisse’s price objective would indicate a potential upside of 19.35% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Mondi Plc in a research note on Thursday. They now have a GBX 1,325 ($22.30) price target on the stock. Finally, 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 analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,222.72 ($20.57).
Shares of Mondi Plc (LON:MNDI) opened at 1008.00 on Thursday. Mondi Plc has a 52-week low of GBX 895.00 and a 52-week high of GBX 1140.00. The stock’s 50-day moving average is GBX 1053. and its 200-day moving average is GBX 1034.. The company’s market cap is £4.872 billion.
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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