Mondi (LON:MNDI) had its price target upped by stock analysts at JPMorgan Chase & Co. from GBX 2,200 ($30.40) to GBX 2,310 ($31.91) in a research note issued on Tuesday. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 18.22% from the stock’s current price.
MNDI has been the topic of several other research reports. Jefferies Group reaffirmed a “buy” rating and issued a GBX 2,300 ($31.78) price target on shares of Mondi in a research note on Tuesday, March 6th. Citigroup reaffirmed a “buy” rating on shares of Mondi in a research note 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 on the stock in a research note on Wednesday, December 20th. Deutsche Bank reiterated a “buy” rating and set a GBX 2,200 ($30.40) target price (up from GBX 2,150 ($29.70)) on shares of Mondi in a report on Friday, February 2nd. Finally, Credit Suisse Group reiterated a “neutral” rating and set a GBX 2,220 ($30.67) target price on shares of Mondi in a report on Tuesday, February 27th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Mondi presently has an average rating of “Buy” and an average target price of GBX 2,253.57 ($31.14).
Mondi (LON MNDI) opened at GBX 1,954 ($27.00) on Tuesday. The company has a market cap of $9,500.00 and a PE ratio of 1,588.62. Mondi has a 12 month low of GBX 1,684 ($23.27) and a 12 month high of GBX 2,145 ($29.64).
Mondi Company Profile
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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