Jefferies Group reaffirmed their buy rating on shares of Mondi Plc (LON:MNDI) in a report issued on Thursday. Jefferies Group currently has a GBX 1,900 ($23.11) price target on the stock.

Several other research firms have also commented on MNDI. Credit Suisse Group reaffirmed an outperform rating on shares of Mondi Plc in a research note on Tuesday, January 3rd. Davy Research reaffirmed an outperform rating on shares of Mondi Plc in a research note on Monday, October 24th. Deutsche Bank AG lifted their price objective on shares of Mondi Plc from GBX 1,700 ($20.67) to GBX 1,900 ($23.11) and gave the stock a buy rating in a research note on Monday, October 17th. Finally, J P Morgan Chase & Co lowered shares of Mondi Plc to a neutral rating and lifted their price objective for the stock from GBX 1,640 ($19.94) to GBX 1,740 ($21.16) in a research note on Friday, October 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. Mondi Plc has an average rating of Buy and a consensus price target of GBX 1,689.44 ($20.55).

Analyst Recommendations for Mondi Plc (LON:MNDI)

Shares of Mondi Plc (LON:MNDI) traded up 1.49% on Thursday, hitting GBX 1768.00. 1,783,724 shares of the company traded hands. The firm’s 50-day moving average is GBX 1,611.43 and its 200 day moving average is GBX 1,561.37. The firm’s market capitalization is GBX 8.56 billion. Mondi Plc has a 1-year low of GBX 1,108.00 and a 1-year high of GBX 1,775.00.

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In other Mondi Plc news, insider David A. Hathorn acquired 20 shares of the stock in a transaction that occurred on Monday, November 7th. The stock was bought at an average cost of GBX 1,577 ($19.18) per share, with a total value of £315.40 ($383.56). Also, insider David A. Hathorn sold 65,000 shares of the company’s stock in a transaction dated Tuesday, October 18th. The stock was sold at an average price of GBX 1,619 ($19.69), for a total transaction of £1,052,350 ($1,279,764.08).

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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