Mondi (LON:MNDI) had its target price decreased by Goodbody Stockbrokers Ltd from GBX 1,290 ($20.94) to GBX 1,240 ($20.13) in a research note released on Wednesday morning, American Banking News.com reports. They currently have a buy rating on the stock.
Shares of Mondi (LON:MNDI) opened at 1017.00 on Wednesday. Mondi has a one year low of GBX 632.50 and a one year high of GBX 1131.00. The stock’s 50-day moving average is GBX 1061. and its 200-day moving average is GBX 977.0. The company’s market cap is £4.922 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an outperform rating on shares of Mondi in a research note to investors on Monday. They now have a GBX 1,310 ($21.26) price target on the stock. Separately, analysts at Davy Research reiterated an outperform rating on shares of Mondi in a research note to investors on Friday, November 15th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 1,158.02 ($18.80).
Mondi plc is the holding company of the Mondi Group. The Company’s key operations are located in central Europe, Russia and South Africa.
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