Mondi Plc 27.1% Potential Upside Indicated by Jefferies International

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’ today by analysts at Jefferies International. Mondi Plc are listed in the Basic Materials sector within UK Main Market. Jefferies International have set a target price of 1650 GBX on its stock. This indicates the analyst now believes there is a potential upside of 27.1% from the opening price of 1298.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 312.5 points and decreased 466.5 points respectively. The 1 year high stock price is 1861 GBX while the year low share price is currently 1156.5 GBX.

Mondi Plc has a 50 day moving average of 1,549.12 GBX and a 200 day moving average of 1,643.20. There are currently 485,553,780 shares in issue with the average daily volume traded being 3,027,699. Market capitalisation for LON:MNDI is £6,255,454,845 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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