A number of other research firms also recently weighed in on MNDI. Deutsche Bank raised Mondi to a buy rating and set a GBX 2,150 ($29.70) price target on the stock in a research note on Monday, December 18th. JPMorgan Chase & Co. dropped their price target on Mondi from GBX 2,240 ($30.95) to GBX 2,150 ($29.70) and set an overweight rating on the stock in a research note on Monday, October 30th. Goldman Sachs Group raised Mondi to a buy rating and set a GBX 2,200 ($30.40) price target on the stock in a research note on Wednesday, December 20th. Jefferies Group reaffirmed a buy rating on shares of Mondi in a research note on Monday, December 18th. Finally, Citigroup reaffirmed a buy rating on shares of Mondi in a research note on Monday, January 15th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Mondi presently has a consensus rating of Buy and a consensus price target of GBX 2,202.50 ($30.43).
Mondi (LON:MNDI) opened at GBX 1,895 ($26.18) on Tuesday. Mondi has a 52 week low of GBX 1,684 ($23.27) and a 52 week high of GBX 2,145 ($29.64). The firm has a market capitalization of $9,210.00 and a P/E ratio of 1,662.28.
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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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