Brokerages Set Mondi Plc (MNDI) Price Target at $1,640.00
Shares of Mondi Plc (LON:MNDI) have been assigned an average rating of “Buy” from the ten research firms that are presently covering the stock. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 1,640 ($20.49).
MNDI has been the topic of a number of analyst reports. Deutsche Bank AG reaffirmed a “buy” rating on shares of Mondi Plc in a research report on Monday, November 14th. Davy Research reaffirmed an “outperform” rating on shares of Mondi Plc in a research report on Monday, October 24th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 2,025 ($25.31) price objective on shares of Mondi Plc in a research report on Monday, October 24th. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 1,900 ($23.74) price objective on shares of Mondi Plc in a research report on Thursday, January 12th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Mondi Plc in a research report on Thursday, February 2nd.
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Mondi Plc (LON:MNDI) opened at 1840.00 on Tuesday. The firm has a 50-day moving average of GBX 1,743.16 and a 200 day moving average of GBX 1,635.48. Mondi Plc has a 52-week low of GBX 1,240.00 and a 52-week high of GBX 1,859.00. The company’s market capitalization is GBX 8.91 billion.
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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