Mondi (LON:MNDI)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank in a research report issued on Friday, ThisIsMoney.Co.Uk reports.
Several other equities research analysts have also issued reports on the stock. Jefferies Financial Group set a $250.00 price objective on shares of FleetCor Technologies and gave the stock a “hold” rating in a research report on Tuesday, April 23rd. UBS Group reaffirmed a “buy” rating on shares of Fortis in a report on Friday, June 7th. Goldman Sachs Group set a $44.00 price target on shares of Steel Dynamics and gave the company a “buy” rating in a report on Tuesday, April 23rd. Finally, Credit Suisse Group reaffirmed an “underperform” rating on shares of MARKS & SPENCER/S in a report on Wednesday, April 17th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Mondi currently has an average rating of “Buy” and a consensus price target of GBX 2,025 ($26.46).
Mondi stock opened at GBX 1,774 ($23.18) on Friday. Mondi has a 52-week low of GBX 1,557.50 ($20.35) and a 52-week high of GBX 2,250 ($29.40). The stock has a fifty day simple moving average of GBX 1,714.64. The firm has a market capitalization of $6.51 billion and a price-to-earnings ratio of 10.96. The company has a quick ratio of 0.74, a current ratio of 1.35 and a debt-to-equity ratio of 59.35.
Mondi plc manufactures and sells packaging and paper products in the United Kingdom, Africa, Europe, Russia, North America, South America, Asia, and Australia. The company offers flexible packaging, bags, and pouches; personal care components; release liners; technical films; corrugated packaging; industrial bags; barrier coatings; specialty Kraft paper; sack Kraft paper; containerboards; office and professional printing papers; and paper for sustainable and promotional events, as well as product training courses.
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