Mondi Plc 15.4% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Mondi Plc using EPIC/TICKER code (LON:MNDI) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Mondi Plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set a target price of 1500 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 15.4% from the opening price of 1300 GBX. Over the last 30 and 90 trading days the company share price has increased 24 points and decreased 367 points respectively. The 52 week high share price is 1861 GBX while the 52 week low is 1156.5 GBX.

Mondi Plc has a 50 day moving average of 1,368.76 GBX and a 200 day moving average of 1,579.66. There are currently 3,758,151,504 shares in issue with the average daily volume traded being 1,995,171. Market capitalisation for LON:MNDI is £6,278,603,727 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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