Mondi Plc Uns (OTCMKTS:MONDY) Rating Increased to Strong-Buy at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Mondi Plc Uns (OTCMKTS:MONDY) from a hold rating to a strong-buy rating in a research note released on Wednesday,Zacks reports.

Separately, UBS Group lowered Mondi Plc Uns from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mondi Plc Uns has a consensus rating of “Hold”.

Mondi Plc Uns Stock Down 0.9%

Shares of OTCMKTS MONDY opened at $22.36 on Wednesday. Mondi Plc Uns has a 52-week low of $17.87 and a 52-week high of $28.32. The firm has a fifty day moving average of $22.12 and a 200-day moving average of $21.62. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.53 and a quick ratio of 0.87.

Hedge Funds Weigh In On Mondi Plc Uns

An institutional investor recently bought a new position in Mondi Plc Uns stock. Syon Capital LLC acquired a new stake in Mondi Plc Uns (OTCMKTS:MONDY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,676 shares of the company’s stock, valued at approximately $58,000.

Mondi Plc Uns Company Profile

Mondi plc is a global packaging and paper company that develops and manufactures packaging solutions and paper products for businesses across a range of industries. Its portfolio serves sectors including food and beverages, consumer goods, e-commerce, agriculture, construction and industrial manufacturing.

The company produces corrugated packaging, containerboard, paper bags, flexible packaging, films, kraft paper and specialty papers. Mondi also provides protective and industrial packaging products, as well as packaging systems designed to support customers’ filling, wrapping and logistics operations.

Mondi operates an integrated business model spanning forestry, pulp and paper production, packaging materials and converted packaging products.