Mondi Plc (MNDI) Receives GBX 1,720.63 Average Price Target from Analysts
Shares of Mondi Plc (LON:MNDI) have been given a consensus recommendation of “Buy” by the ten research firms that are presently covering the stock. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 1,720.63 ($21.31).
MNDI has been the topic of several recent research reports. Deutsche Bank AG reaffirmed a “buy” rating on shares of Mondi Plc in a report on Thursday, August 11th. Goodbody reaffirmed a “buy” rating on shares of Mondi Plc in a report on Thursday, August 4th. Jefferies Group reaffirmed a “buy” rating and set a GBX 1,800 ($22.30) target price on shares of Mondi Plc in a report on Monday, September 12th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 1,500 ($18.58) target price on shares of Mondi Plc in a report on Friday, August 5th. Finally, Citigroup Inc. reaffirmed a “neutral” rating and set a GBX 1,650 ($20.44) target price on shares of Mondi Plc in a report on Tuesday, August 23rd.
Mondi Plc (LON:MNDI) opened at 1542.00 on Tuesday. The firm’s market cap is GBX 7.46 billion. The stock’s 50 day moving average is GBX 1,621.73 and its 200 day moving average is GBX 1,483.51. Mondi Plc has a one year low of GBX 1,108.00 and a one year high of GBX 1,702.00.
In other news, insider David A. Hathorn sold 65,000 shares of Mondi Plc stock in a transaction dated Tuesday, October 18th. The shares were sold at an average price of GBX 1,619 ($20.05), for a total transaction of £1,052,350 ($1,303,542.67). Also, insider Carol Hunt bought 18 shares of the business’s stock in a transaction dated Friday, October 7th. The shares were bought at an average cost of GBX 1,686 ($20.88) per share, for a total transaction of £303.48 ($375.92).
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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