Mondi Plc (LON:MNDI)‘s stock had its “buy” rating reissued by Jefferies Group LLC in a research report issued on Thursday. They presently have a GBX 2,250 ($29.04) price target on the stock. Jefferies Group LLC’s target price would indicate a potential upside of 11.17% from the company’s previous close.

Several other equities analysts have also issued reports on MNDI. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Mondi Plc in a research note on Thursday, February 2nd. Deutsche Bank AG upped their price target on Mondi Plc from GBX 1,900 ($24.53) to GBX 2,100 ($27.11) and gave the company a “buy” rating in a research note on Thursday, February 23rd. Credit Suisse Group AG lowered Mondi Plc to a “neutral” rating and upped their price target for the company from GBX 2,025 ($26.14) to GBX 2,100 ($27.11) in a research note on Monday, March 6th. Goldman Sachs Group Inc upped their price target on Mondi Plc from GBX 1,700 ($21.94) to GBX 2,000 ($25.82) and gave the company a “neutral” rating in a research note on Tuesday, March 7th. Finally, Barclays PLC reaffirmed an “equal weight” rating and set a GBX 1,870 ($24.14) price target (up previously from GBX 1,500 ($19.36)) on shares of Mondi Plc in a research note on Thursday, March 30th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Mondi Plc currently has an average rating of “Buy” and an average price target of GBX 2,021.43 ($26.09).

Analyst Recommendations for Mondi Plc (LON:MNDI)

Mondi Plc (LON:MNDI) opened at 1961.00 on Thursday. The firm’s market capitalization is GBX 9.50 billion. Mondi Plc has a 12-month low of GBX 1,240.00 and a 12-month high of GBX 2,053.00. The company’s 50-day moving average price is GBX 1,986.74 and its 200-day moving average price is GBX 1,787.77.

The business also recently announced a dividend, which will be paid on Thursday, May 18th. Shareholders of record on Thursday, April 20th will be paid a €0.38 ($0.42) dividend. This represents a yield of 1.67%. The ex-dividend date of this dividend is Thursday, April 20th.

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Mondi Plc Company Profile

Mondi plc is a United Kingdom-based packaging and paper company. The Company is engaged in managing forests and producing pulp, paper and compound plastics for industrial and consumer packaging. The Company and Mondi Limited, under a dual listed company (DLC) structure, operate together as a single economic entity.

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