Breaking Finance News

Citigroup announced Mondi PLC (LON:MNDI), boosting its stock price target to 2,480.00GBX today

Just yesterday Mondi PLC (LON:MNDI) traded -0.83% lower at 2,208.00GBX. Mondi PLC’s 50-day moving average is 2,059.84GBX and its 200-day moving average is 2,023.77GBX. The last stock price is up -5.62% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 234,743 shares of MNDI traded hands, down from an average trading volume of 1,444,820

In a report released on 10/12/2017 Citigroup increased the stock price target of Mondi PLC (LON:MNDI) to 2,480.00GBX reporting a possible upside of 0.12%.

Previously on 9/29/2017, JP Morgan Cazenove released a statement about Mondi PLC (LON:MNDI) reduced the target price from 2,300.00GBX to 2,240.00GBX. At the time, this indicated a possible upside of 0.11%.

Recent Performance Chart

Mondi PLC (LON:MNDI)

Mondi PLC has 52 week low of 1,495.00GBX and a 52 week high of 2,145.00GBX with a PE ratio of 12.32 and has a market capitalization of 0 GBX.

In addition to Citigroup reporting its stock price target, a total of 12 brokerages have issued a ratings update on the company. The average stock price target is 20.03GBX with 2 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Mondi PLC (LON:MNDI)

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. The Company's business unit consists of Packaging Paper, which offers containerboard, sack kraft paper, specialty kraft paper and pulp; Fibre Packaging, which includes industrial bags, corrugated packaging and extrusion coatings; Consumer Packaging, which includes advanced films and components, consumer goods packaging and release liners, and Uncoated Fine Paper, which includes uncoated fine paper, pulp and newsprint.

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