Mondi PLC (LON:MNDI) target price raised to 2,025.00GBX, reported today by Credit Suisse
- Updated: October 13, 2016
Yesterday Mondi PLC (LON:MNDI) traded -3.50% lower at 1,660.00GBX. The company’s 50-day moving average is 1,611.22GBX and its 200-day moving average is 1,443.31GBX. The last stock close price is up 10.72% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,267,909 shares of the stock were exchanged, up from an average trading volume of 1,343,580
Mondi PLC (LON:MNDI) had its target price raised to 2,025.00GBX by Credit Suisse in a report released 10/14/2016. The new target price indicates a possible upside of 0.22% based on the company's last stock close price.
Previously on 9/27/2016, Jefferies International reported about Mondi PLC (LON:MNDI) raised the target price from 1,800.00GBX to 1,900.00GBX. At the time, this indicated a possible upside of 0.14%.
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Mondi PLC has a price-earnings ratio of 10.36 with a one year low of 1,108.00GBX and a one year high of 1,702.00GBX MNDI’s total market value is currently 0 GBX.
In addition to Credit Suisse reporting its stock price target, a total of 12 equity analysts have released a ratings update on MNDI. The 12-month price target is 20.03GBX with two analysts rating the company a strong buy, 5 brokerages rating the stock a buy, 4 firms rating the stock a hold, 2 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell.
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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