Mondi Plc Receives Consensus Recommendation of “Buy” from Brokerages (LON:MNDI)
Mondi Plc (LON:MNDI) has been given an average rating of “Buy” by the twelve ratings firms that are currently covering the stock, Analyst RN reports. One analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 1,220.36 ($20.47).
A number of analysts have recently weighed in on MNDI shares. 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 ($20.29) 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, August 7th. They now have a GBX 1,215 ($20.38) 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, August 7th. They now have a GBX 1,325 ($22.23) price target on the stock.
Shares of Mondi Plc (LON:MNDI) opened at 1025.00 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 1046. and a 200-day moving average of GBX 1034.. The company’s market cap is £4.961 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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