Mondi Plc Given Average Recommendation of “Buy” by Brokerages (LON:MNDI)
Mondi Plc (LON:MNDI) has been given a consensus rating of “Buy” by the twelve brokerages that are currently covering the company, American Banking News.com reports. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 1,220.36 ($20.53).
MNDI has been the subject of a number of recent research reports. Analysts at BNP Paribas reiterated a “buy” rating on shares of Mondi Plc in a research note on Friday. They now have a GBX 1,209.25 ($20.35) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Mondi Plc in a research note on Thursday. They now have a GBX 1,215 ($20.44) price target on the stock. Finally, 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.
Shares of Mondi Plc (LON:MNDI) traded down 0.99% on Friday, hitting GBX 1000.00. 634,210 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’s 50-day moving average is GBX 1052. and its 200-day moving average is GBX 1033.. The company’s market cap is £4.833 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.