Mondi Plc (MNDI) Receives “Buy” Rating from Jefferies Group LLC

Jefferies Group LLC reiterated their buy rating on shares of Mondi Plc (LON:MNDI) in a research report released on Thursday. They currently have a GBX 2,250 ($29.04) price target on the stock.

MNDI has been the subject of a number of other research reports. Goldman Sachs Group Inc reissued a neutral rating and set a GBX 2,000 ($25.82) price objective on shares of Mondi Plc in a research note on Monday, April 24th. Deutsche Bank AG increased their price objective on Mondi Plc from GBX 1,900 ($24.53) to GBX 2,100 ($27.11) and gave the company a buy rating in a research note on Thursday, February 23rd. JPMorgan Chase & Co. raised Mondi Plc to an overweight rating and increased their price objective for the company from GBX 1,600 ($20.65) to GBX 2,070 ($26.72) in a research note on Friday, February 17th. Credit Suisse Group AG lowered Mondi Plc to a neutral rating and increased their price objective for the company from GBX 2,025 ($26.14) to GBX 2,100 ($27.11) in a research note on Monday, March 6th. Finally, Barclays PLC reissued an equal weight rating and set a GBX 1,870 ($24.14) price objective (up previously from GBX 1,500 ($19.36)) on shares of Mondi Plc in a research note on Thursday, March 30th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of GBX 2,021.43 ($26.09).

Analyst Recommendations for Mondi Plc (LON:MNDI)

Mondi Plc (LON:MNDI) traded up 0.10% during mid-day trading on Thursday, hitting GBX 1980.00. 1,813,471 shares of the stock traded hands. The company has a 50-day moving average of GBX 1,988.83 and a 200 day moving average of GBX 1,790.44. The firm’s market capitalization is GBX 9.59 billion. Mondi Plc has a 1-year low of GBX 1,240.00 and a 1-year high of GBX 2,053.00.

ILLEGAL ACTIVITY NOTICE: This story was posted by Stock Observer and is owned by of Stock Observer. If you are viewing this story on another publication, it was illegally stolen and republished in violation of U.S. & international trademark & copyright law. The correct version of this story can be viewed at

The company also recently disclosed a dividend, which was paid on Thursday, May 18th. Shareholders of record on Thursday, April 20th were given a dividend of €0.38 ($0.42) per share. This represents a yield of 1.67%. The ex-dividend date was Thursday, April 20th.

About Mondi Plc

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.

Receive News & Ratings for Mondi Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondi Plc and related companies with's FREE daily email newsletter.

Leave a Reply