Mondi Plc (MNDI) Receives Average Rating of “Buy” from Brokerages

Shares of Mondi Plc (LON:MNDI) have received a consensus rating of “Buy” from the nine brokerages that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,065 ($26.89).

A number of brokerages have weighed in on MNDI. Jefferies Group LLC lifted their price target on shares of Mondi Plc from GBX 2,250 ($29.30) to GBX 2,300 ($29.95) and gave the company a “buy” rating in a research report on Tuesday, July 18th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 2,300 ($29.95) price target on shares of Mondi Plc in a research report on Monday. J P Morgan Chase & Co lifted their price target on shares of Mondi Plc from GBX 2,080 ($27.09) to GBX 2,300 ($29.95) and gave the company an “overweight” rating in a research report on Friday, June 23rd. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 2,000 ($26.05) price target on shares of Mondi Plc in a research report on Monday, April 24th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 2,135 ($27.80) price target on shares of Mondi Plc in a research report on Tuesday, May 30th.

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Mondi Plc (LON MNDI) opened at 2005.00 on Monday. The stock has a 50 day moving average of GBX 2,025.16 and a 200 day moving average of GBX 1,957.91. The firm’s market capitalization is GBX 9.71 billion. Mondi Plc has a one year low of GBX 1,495.00 and a one year high of GBX 2,121.00.

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.

Analyst Recommendations for Mondi Plc (LON:MNDI)

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