Mondi Plc (MNDI) Stock Rating Reaffirmed by Deutsche Bank AG
Mondi Plc (LON:MNDI)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank AG in a research note issued on Monday. They currently have a GBX 2,300 ($29.95) price target on the stock. Deutsche Bank AG’s price objective would suggest a potential upside of 14.71% from the stock’s previous close.
Several other equities research analysts have also issued reports on the stock. J P Morgan Chase & Co restated an “overweight” rating on shares of Mondi Plc in a research note on Friday, August 4th. Jefferies Group LLC raised their price target on shares of Mondi Plc from GBX 2,250 ($29.30) to GBX 2,300 ($29.95) and gave the stock a “buy” rating in a research note on Tuesday, July 18th. Credit Suisse Group restated a “neutral” rating and set a GBX 2,135 ($27.80) price target on shares of Mondi Plc in a research note on Tuesday, May 30th. Finally, Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a GBX 2,000 ($26.05) price target on shares of Mondi Plc in a research note on Monday, April 24th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of GBX 2,094.38 ($27.27).
Shares of Mondi Plc (LON:MNDI) opened at 1982.00 on Monday. The company’s market cap is GBX 9.60 billion. The stock’s 50 day moving average price is GBX 2,025.16 and its 200-day moving average price is GBX 1,957.91. Mondi Plc has a one year low of GBX 1,495.00 and a one year high of GBX 2,121.00.
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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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