MONDI/PAR VTG FPD 0.2 (MNDI) Receives GBX 2,475 Average PT from Analysts
MONDI/PAR VTG FPD 0.2 (LON:MNDI) has been given an average rating of “Buy” by the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 2,475 ($32.34).
Several analysts recently issued reports on the stock. Deutsche Bank upped their price objective on shares of MONDI/PAR VTG FPD 0.2 from GBX 2,400 ($31.36) to GBX 2,600 ($33.97) and gave the stock a “buy” rating in a report on Thursday, August 9th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,500 ($32.67) price objective on shares of MONDI/PAR VTG FPD 0.2 in a report on Wednesday, August 22nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of MONDI/PAR VTG FPD 0.2 in a report on Friday, August 17th. Finally, UBS Group upped their price objective on shares of MONDI/PAR VTG FPD 0.2 from GBX 2,300 ($30.05) to GBX 2,400 ($31.36) and gave the stock a “buy” rating in a report on Monday, August 6th.
MNDI stock opened at GBX 1,811 ($23.66) on Wednesday. MONDI/PAR VTG FPD 0.2 has a 12 month low of GBX 1,684 ($22.00) and a 12 month high of GBX 2,145 ($28.03).
Mondi plc manufactures and sells packaging and paper products primarily in central Europe, Russia, North America, and South Africa. Its products include virgin and recycled containerboards, sack and specialty kraft papers, pulp, corrugated packaging products, industrial bags, extrusion coatings, films and hygiene components, release liners, consumer goods packaging products, office and professional printing papers, and barrier coatings, as well as pre-made bags and pouches, printed laminates, and high-barrier films for the consumer industry.
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