Mondi Plc (MNDI) Stock Rating Reaffirmed by Jefferies Group LLC
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).
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.
TRADEMARK VIOLATION WARNING: This report was published by American Banking News and is the property of of American Banking News. If you are accessing this report on another publication, it was stolen and republished in violation of international copyright & trademark laws. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/05/18/mondi-plc-mndi-stock-rating-reaffirmed-by-jefferies-group-llc.html.
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.
Receive News & Ratings for Mondi Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondi Plc and related companies with MarketBeat.com's FREE daily email newsletter.