Brokerages Set Mondi Plc (MNDI) Price Target at $1,945.71
Mondi Plc (LON:MNDI) has been given a consensus recommendation of “Buy” by the nine research firms that are presently covering the firm. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 1,945.71 ($24.03).
MNDI has been the topic of a number of research analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 1,900 ($23.47) target price on shares of Mondi Plc in a report on Thursday, January 12th. Deutsche Bank AG raised their target price on Mondi Plc from GBX 1,900 ($23.47) to GBX 2,100 ($25.94) and gave the company a “buy” rating in a report on Thursday, February 23rd. Goldman Sachs Group Inc raised their target price on Mondi Plc from GBX 1,700 ($21.00) to GBX 2,000 ($24.70) and gave the company a “neutral” rating in a report on Tuesday, March 7th. Credit Suisse Group AG lowered Mondi Plc to a “neutral” rating and raised their target price for the company from GBX 2,025 ($25.01) to GBX 2,100 ($25.94) in a report on Monday, March 6th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Mondi Plc in a report on Thursday, February 2nd.
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Mondi Plc (LON:MNDI) opened at 1943.00 on Thursday. Mondi Plc has a 12 month low of GBX 1,240.00 and a 12 month high of GBX 1,963.00. The company’s 50-day moving average is GBX 1,851.67 and its 200-day moving average is GBX 1,683.45. The company’s market cap is GBX 9.41 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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