November 28, 2016 - By Ruchi Gupta
London: In a research report issued to investors and clients on 28 November, Credit Suisse maintained their Outperform rating on shares of Mondi PLC (LON:MNDI). They currently have a GBX 2025.00 target on the company. Credit Suisse’s target means a potential upside of 15.06% from the company’s stock close price.
Out of 11 analysts covering Mondi PLC (LON:MNDI), 7 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 64% are positive. GBX 2025 is the highest target while GBX 1150 is the lowest. The GBX 1669.50 average target is 1.92% above today’s (GBX 1638) stock price. Mondi PLC has been the topic of 105 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Deutsche Bank on Thursday, January 28. The firm has “Hold” rating given on Friday, September 25 by Goodbody. The firm earned “Buy” rating on Wednesday, September 14 by UBS. The rating was downgraded by Goldman Sachs on Friday, September 2 to “Sell”. On Friday, September 25 the stock rating was maintained by Davy Research with “Outperform”. The company was maintained on Thursday, February 25 by Goodbody. The stock of Mondi Plc (LON:MNDI) has “Outperform” rating given on Monday, September 14 by Credit Suisse. The rating was maintained by Deutsche Bank on Wednesday, March 2 with “Buy”. As per Tuesday, July 5, the company rating was maintained by Jefferies. The rating was maintained by Deutsche Bank on Thursday, August 11 with “Buy”.
About 267,556 shares traded hands. Mondi Plc (LON:MNDI) has risen 22.74% since April 28, 2016 and is uptrending. It has outperformed by 16.73% the S&P500.
Mondi plc is a United Kingdom-based packaging and paper company. The company has a market cap of 7.95 billion GBP. The Firm is engaged in managing forests and producing pulp, paper and compound plastics for industrial and consumer packaging. It has a 13.95 P/E ratio. The Firm and Mondi Limited, under a dual listed firm structure, operate together as a single economic entity.
Another recent and important Mondi Plc (LON:MNDI) news was published by Marketwatch.com which published an article titled: “Mondi shares fall 3% after financial update” on April 21, 2011.
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By Ruchi Gupta