Mondi Rating Reiterated by Davy (MNDI)
Mondi (LON: MNDI)‘s stock had its “outperform” rating reiterated by equities research analysts at Davy in a research note issued to investors on Monday.
MNDI has been the subject of a number of other recent research reports. Analysts at Citigroup reiterated a “sell” rating on shares of Mondi in a research note to investors on Monday. They now have a $12.24 price target on the stock. Separately, analysts at UBS AG raised their price target on shares of Mondi from $10.98 to $12.81 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Mondi from $13.11 to $14.63 in a research note to investors on Thursday. They now have a “buy” rating on the stock.
Shares of Mondi traded down 1.91% during mid-day trading on Monday, hitting GBX 845.50. Mondi has a one year low of GBX 494.20 and a one year high of GBX 855.00. The stock’s 50-day moving average is currently GBX 621.0. The company’s market cap is £4.084 billion.
Mondi plc is the holding company of the Mondi Group. It is an international paper and packaging company with production operations across 28 countries.
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