Mondi Plc (MNDI) Given New GBX 2,300 Price Target at Jefferies Group LLC
Mondi Plc (LON:MNDI) had its target price upped by Jefferies Group LLC from GBX 2,250 ($29.38) to GBX 2,300 ($30.03) in a research note released on Tuesday morning. Jefferies Group LLC currently has a buy rating on the stock.
Several other equities research analysts have also commented on MNDI. J P Morgan Chase & Co boosted their price objective on shares of Mondi Plc from GBX 2,080 ($27.16) to GBX 2,300 ($30.03) and gave the stock an overweight rating in a research report on Friday, June 23rd. Deutsche Bank AG reiterated a buy rating and issued a GBX 2,200 ($28.73) price objective on shares of Mondi Plc in a research report on Wednesday, June 14th. Credit Suisse Group reiterated a neutral rating and issued a GBX 2,135 ($27.88) price objective on shares of Mondi Plc in a research report on Tuesday, May 30th. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and issued a GBX 2,000 ($26.12) price objective on shares of Mondi Plc in a research report on Monday, April 24th. Finally, Barclays PLC reiterated an equal weight rating and issued a GBX 1,870 ($24.42) price objective (up from GBX 1,500 ($19.59)) on shares of Mondi Plc in a research report on Thursday, March 30th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Mondi Plc currently has an average rating of Buy and an average price target of GBX 2,081.88 ($27.19).
Mondi Plc (LON:MNDI) opened at 2053.00 on Tuesday. The stock has a 50 day moving average of GBX 2,038.56 and a 200 day moving average of GBX 1,928.52. The stock’s market capitalization is GBX 9.94 billion. Mondi Plc has a 1-year low of GBX 1,447.00 and a 1-year high of GBX 2,121.00.
About Mondi Plc
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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