Mondi (LON:MNDI – Free Report) had its price objective cut by Jefferies Financial Group from GBX 1,100 to GBX 1,085 in a research report report published on Friday,Digital Look reports. They currently have a buy rating on the stock.
MNDI has been the topic of several other reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 760 price objective on shares of Mondi in a report on Monday, May 11th. JPMorgan Chase & Co. cut their target price on shares of Mondi from GBX 1,040 to GBX 840 and set a “neutral” rating for the company in a research note on Thursday, July 9th. Finally, Citigroup reduced their target price on shares of Mondi from GBX 1,000 to GBX 940 and set a “buy” rating for the company in a report on Tuesday, April 28th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Mondi has a consensus rating of “Moderate Buy” and an average price target of GBX 896.25.
Check Out Our Latest Report on MNDI
Mondi Stock Up 1.9%
Insider Buying and Selling
In other news, insider Andrew King purchased 42 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was acquired at an average cost of GBX 710 per share, with a total value of £298.20. Also, insider Mike Powell purchased 42 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The shares were purchased at an average cost of GBX 710 per share, with a total value of £298.20. In the last quarter, insiders have bought 162 shares of company stock worth $119,590. 0.20% of the stock is owned by corporate insiders.
Key Mondi News
Here are the key news stories impacting Mondi this week:
- Positive Sentiment: Mondi beat second-quarter earnings forecasts, while lowering its capital-spending outlook. The reduced investment requirement may support cash flow and strengthens the case for improved returns. Mondi Beats Second-Quarter Earnings Forecasts and Lowers Capital Spending Outlook
- Positive Sentiment: Management indicated that recent price increases and cost-cutting measures should drive stronger profits in the second half, providing a positive outlook despite difficult current trading conditions. Mondi Shares Surge as Price Hikes and Cost Cuts to Drive Second-Half Profits
- Positive Sentiment: Jefferies retained a buy rating, suggesting it continues to see long-term upside in Mondi, although it reduced its price target from GBX 1,100 to GBX 1,085. Jefferies broker view
- Neutral Sentiment: Mondi declared a 2026 interim dividend of 9.42 euro cents per ordinary share and set the applicable currency terms for UK and South African shareholders. Mondi sets currency terms for 2026 interim dividend
- Negative Sentiment: Mondi reported an interim loss, reflecting low product prices and high input costs. The results highlight ongoing pressure on margins even as management expects conditions to improve. Mondi Shares Rise Despite Interim Loss
- Negative Sentiment: JPMorgan lowered its price target from GBX 840 to GBX 800 and moved to a neutral rating, signaling limited near-term upside at current levels. JPMorgan broker view
Mondi Company Profile
Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper. The Corrugated Packaging segment provides virgin and recycled containerboards for fresh fruit packaging and heavy and fragile goods transport packaging applications; and corrugated solutions, such as corrugated boxes and packaging products.
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