Mondi Plc’s “Outperform” Rating Reaffirmed at Credit Suisse (MNDI)
Mondi Plc (LON:MNDI)‘s stock had its “outperform” rating reiterated by stock analysts at Credit Suisse in a report issued on Friday. They currently have a GBX 1,265 ($21.22) price target on the stock. Credit Suisse’s target price would indicate a potential upside of 25.00% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated a “buy” rating on shares of Mondi Plc in a research note on Friday, August 8th. They now have a GBX 1,209.25 ($20.29) 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, August 7th. They now have a GBX 1,325 ($22.23) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Mondi Plc in a research note on Tuesday, July 29th. They now have a GBX 1,325 ($22.23) price target on the stock. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. Mondi Plc currently has an average rating of “Buy” and an average target price of GBX 1,225.92 ($20.57).
Mondi Plc (LON:MNDI) opened at 1010.9999 on Friday. 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 1041. and its 200-day moving average is GBX 1035.. The company’s market cap is £4.893 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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