Mondi Plc Uns (OTCMKTS:MONDY) Rating Lowered to Hold at UBS Group

Mondi Plc Uns (OTCMKTS:MONDY) was downgraded by equities researchers at UBS Group from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Other research analysts have also issued reports about the stock. Zacks Research raised shares of Mondi Plc Uns from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 19th. The Goldman Sachs Group raised shares of Mondi Plc Uns to a “strong-buy” rating in a research note on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Mondi Plc Uns Trading Down 0.3%

Shares of MONDY stock opened at $18.16 on Tuesday. The firm has a 50 day moving average of $20.12 and a 200-day moving average of $22.56. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 0.49. Mondi Plc Uns has a 52 week low of $17.87 and a 52 week high of $33.93.

Mondi Plc Uns Company Profile

Mondi Plc is an integrated packaging and paper group that specializes in sustainable solutions across a broad range of industries. The company’s core activities include the production of containerboard, corrugated packaging, flexible packaging, and uncoated fine paper. Mondi’s product portfolio serves sectors such as food and beverage, consumer goods, industrial applications and e-commerce, helping customers optimize their packaging designs for performance and environmental impact.

Headquartered in Weybridge, United Kingdom, Mondi has its roots in South Africa and traces its modern corporate structure back to a demerger from Anglo American plc in 2007.