Mondi Plc 3.6% potential upside indicated by Morgan Stanley

Mondi Plc with ticker (LON:MNDI) now has a potential upside of 3.6% according to Morgan Stanley.



Morgan Stanley set a target price of 1,500 GBX for the company, which when compared to the Mondi Plc share price of 1,446 GBX at opening today (20/04/2022) indicates a potential upside of 3.6%. Trading has ranged between 1,234 (52 week low) and 2,088 (52 week high) with an average of 2,291,239 shares exchanging hands daily. The market capitalisation at the time of writing is £7,100,981,194.

Mondi PLC is a United Kingdom-based packaging and paper company. The Company provides packaging and paper solutions. It manages forests and produces pulp, paper and plastic films, and develops and manufactures industrial and consumer packaging solutions. It operates through segments, including corrugated packaging, paper and plastic-based flexible packaging, specialized solutions and uncoated fine paper. Its corrugated packaging produces containerboards where the brands are available in-store and online. Its flexible packaging offers a range of solution, such as kraft paper that can be lightweight paper-based solutions. Its engineered materials produce a range of specialized solutions that are designed for recycling and use recycled content. Its uncoated fine paper offers range of home, office and professional printing papers, including design and luxury packaging papers, tailored to the digital and offset print technologies. It operates in Europe, United States and Africa.