Mondi Plc 11.8% Potential Upside Indicated by UBS

Broker Ratings
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Mondi Plc using EPIC/TICKER code (LON:MNDI) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at UBS. Mondi Plc are listed in the Basic Materials sector within UK Main Market. UBS have set their target price at 1830 GBX on its stock. This would imply the analyst believes there is now a potential upside of 11.8% from the opening price of 1637 GBX. Over the last 30 and 90 trading days the company share price has decreased 148 points and increased 62 points respectively. The 1 year high stock price is 1936.5 GBX while the year low share price is currently 1484 GBX.

Mondi Plc has a 50 day moving average of 1,697.66 GBX and the 200 Day Moving Average price is recorded at 2,565.88. There are currently 485,553,780 shares in issue with the average daily volume traded being 1,756,938. Market capitalisation for LON:MNDI is £7,922,336,910 GBP.

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    Mondi plc provides an update on trading for Q1 2024, showcasing improved market conditions and performance across its paper grades and packaging operations.

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