Mondi Plc 6.1% potential upside indicated by JP Morgan Cazenove

Mondi Plc with ticker (LON:MNDI) now has a potential upside of 6.1% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 1,355 GBX for the company, which when compared to the Mondi Plc share price of 1,277 GBX at opening today (18/07/2023) indicates a potential upside of 6.1%. Trading has ranged between 1,174 (52 week low) and 1,719 (52 week high) with an average of 1,116,629 shares exchanging hands daily. The market capitalisation at the time of writing is £6,326,871,254.

Mondi PLC is a United Kingdom-based packaging and paper company. The Company’s business is integrated across the packaging and paper value chain, from managing forests and producing pulp, paper and films to developing and manufacturing sustainable consumer and industrial packaging solutions. The Company is engaged in providing sustainable packaging and paper solutions to meet its customers’ needs. It also manufactures printing papers used at home in the office and for professional applications. The Company’s segments include Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper. Its Corrugated Packaging segment provides product types, such as containerboard and corrugated solutions. The Flexible Packaging segment provides product types, such as kraft paper, paper bags, consumer flexibles, functional paper and films, and pulp. The Uncoated Fine Paper segment provides home, office, converting and professional printing papers and pulp.