Deutsche Bank covered Mondi PLC (LON:MNDI), stepping up its target to 1,900.00GBX earlier today
- Updated: October 16, 2016
Yesterday Mondi PLC (LON:MNDI) traded -1.13% lower at 1,580.50GBX. The company’s 50-day moving average is 1,611.51GBX and its 200-day moving average is 1,445.45GBX. The last closing price is up 9.38% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 250,245 shares of the stock traded hands, down from an average trading volume of 1,316,770
Deutsche Bank bumped up the target of Mondi PLC (LON:MNDI) to 1,900.00GBX stating a potential upside of 0.20%.
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Mondi PLC has a 52 week low of 1,108.00GBX and a 52 week high of 1,702.00GBX with a P/E ratio of 10.25 The company’s market cap is currently 0 GBX.
In addition to Deutsche Bank reporting its target price, a total of 12 firms have issued a report on the stock. The consensus target price is 20.03GBX with two brokerages rating the company a strong buy, five brokerages rating the company a buy, four equity analysts rating the company a hold, two equity analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
More About 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 operates in Europe & International Division and South Africa Division. The Company's Europe & International Division consists of segments, including 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. Its South Africa division manages plantation forests, and manufactures and sells pulp, white-top kraftliner and uncoated fine paper.
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