Mondi Plc 27.6% Potential Upside Indicated by UBS

Broker Ratings
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Mondi Plc with EPIC/TICKER (LON:MNDI) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at UBS. Mondi Plc are listed in the Basic Materials sector within UK Main Market. UBS have set a target price of 1900 GBX on its stock. This indicates the analyst now believes there is a potential upside of 27.6% from the opening price of 1489.5 GBX. Over the last 30 and 90 trading days the company share price has increased 114 points and increased 271.5 points respectively. The 52 week high share price is 1861 GBX while the year low stock price is currently 1156.5 GBX.

Mondi Plc has a 50 day moving average of 1,427.43 GBX and the 200 Day Moving Average price is recorded at 1,566.93. There are currently 485,553,780 shares in issue with the average daily volume traded being 1,766,355. Market capitalisation for LON:MNDI is £7,312,398,472 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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