Mondi Plc 17.4% 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 a target price of 1850 GBX on its stock. This indicates the analyst now believes there is a potential upside of 17.4% from the opening price of 1576 GBX. Over the last 30 and 90 trading days the company share price has decreased 74 points and decreased 207 points respectively. The 52 week high share price is 1936.5 GBX while the 52 week low is 1484 GBX.

Mondi Plc has a 50 day moving average of 1,620.13 GBX and the 200 Day Moving Average price is recorded at 1,742.20. There are currently 485,553,780 shares in issue with the average daily volume traded being 2,656,744. Market capitalisation for LON:MNDI is £7,680,698,814 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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