Mondi (LON:MNDI) had its price target lifted by JPMorgan Chase & Co. from GBX 2,200 ($30.40) to GBX 2,310 ($31.91) in a research note published on Tuesday. JPMorgan Chase & Co. currently has an overweight rating on the stock.
MNDI has been the subject of a number of other research reports. Jefferies Group reissued a buy rating and set a GBX 2,300 ($31.78) price target on shares of Mondi in a research report on Tuesday, March 6th. Citigroup reissued a buy rating on shares of Mondi in a research report on Monday, January 15th. Goldman Sachs Group raised shares of Mondi to a buy rating and set a GBX 2,200 ($30.40) price target for the company in a research report on Wednesday, December 20th. Deutsche Bank reissued a buy rating and set a GBX 2,200 ($30.40) price target (up previously from GBX 2,150 ($29.70)) on shares of Mondi in a research report on Friday, February 2nd. Finally, Credit Suisse Group reissued a neutral rating and set a GBX 2,220 ($30.67) price target on shares of Mondi in a research report on Tuesday, February 27th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of Buy and an average price target of GBX 2,253.57 ($31.14).
Shares of Mondi (MNDI) opened at GBX 1,941 ($26.82) on Tuesday. Mondi has a 1 year low of GBX 1,684 ($23.27) and a 1 year high of GBX 2,145 ($29.64). The stock has a market cap of $9,480.00 and a P/E ratio of 1,578.05.
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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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