Mondi Plc Given Buy Rating at BNP Paribas (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “buy” rating reiterated by BNP Paribas in a research note issued on Friday. They currently have a GBX 1,209.25 ($20.35) target price on the stock. BNP Paribas’ price target points to a potential upside of 19.73% from the stock’s previous close.
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 Thursday. They now have a GBX 1,215 ($20.44) price target on the stock. Separately, 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. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,220.36 ($20.53).
Shares of Mondi Plc (LON:MNDI) opened at 990.50 on Friday. 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 £4.787 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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