Other research analysts also recently issued research reports about the company. BNP Paribas upgraded Mondi to an “outperform” rating in a report on Friday, May 6th. Exane BNP Paribas upgraded shares of Mondi from a “neutral” rating to an “outperform” rating in a research note on Friday, May 6th. Zacks Investment Research upgraded shares of Mondi from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research report on Thursday. Finally, JPMorgan Chase & Co. increased their target price on shares of Mondi from GBX 2,000 ($24.66) to GBX 2,072 ($25.55) in a research report on Friday, May 6th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Mondi presently has an average rating of “Buy” and an average target price of $1,272.00.
OTCMKTS:MONDY traded up $0.28 during trading hours on Thursday, hitting $38.33. The company’s stock had a trading volume of 9,516 shares, compared to its average volume of 22,934. Mondi has a 52-week low of $34.15 and a 52-week high of $59.24. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.05 and a current ratio of 1.68. The stock has a fifty day moving average of $38.63 and a 200-day moving average of $45.63.
Mondi plc engages in the manufacture and sale of packaging and paper products in Africa, Western Europe, Emerging Europe, Russia, North America, South America, Asia, and Australia. It operates in Corrugated Packaging, Flexible Packaging, Engineered Materials, and Uncoated Fine Paper segments. The company offers flexible packaging, bags, and pouches; personal care components; release liners; technical films; corrugated packaging solutions; industrial bags; barrier coatings; specialty Kraft and sack Kraft papers; containerboards; and office and professional printing papers.
- Get a free copy of the StockNews.com research report on Mondi (MONDY)
- Carvana Insiders Buy Shares But Maybe You Shouldn’t
- Dutch Bros Gets Scalded By Inflation
- The S&P 500 Could Fall Another 28%
- Corning Stock is a Technology Value Play
- Anheuser-Busch InBev May Need One More Quarter to Confirm a Buy Signal
Receive News & Ratings for Mondi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondi and related companies with MarketBeat.com's FREE daily email newsletter.