Mondi Plc 6.3% potential upside indicated by RBC Capital Markets

Mondi Plc with ticker (LON:MNDI) now has a potential upside of 6.3% according to RBC Capital Markets.



RBC Capital Markets set a target price of 1,700 GBX for the company, which when compared to the Mondi Plc share price of 1,600 GBX at opening today (17/05/2024) indicates a potential upside of 6.3%. Trading has ranged between 1,174 (52 week low) and 1,618 (52 week high) with an average of 1,891,241 shares exchanging hands daily. The market capitalisation at the time of writing is £6,999,363,072.

Mondi plc is a United Kingdom-based company, which makes packaging and paper solutions that are sustainable by design. The Company’s segments include Corrugated Packaging, Flexible Packaging and Uncoated Fine Paper. The Corrugated Packaging segment’s products include containerboard and corrugated solutions. The Flexible Packaging segment’s products include kraft paper, paper bags, consumer flexibles, functional paper and films, and pulp. The Uncoated Fine Paper segment’s products include Uncoated fine paper and Pulp. The Company offers its customers a range of sustainable packaging and paper products across several end-markets, such as consumer and retail, building and construction, industrial and agriculture, and paper for printing. The Company’s converted corrugated solutions and flexible packaging products are predominantly delivered to customers regionally, while the majority of its pulp, containerboard, kraft paper and uncoated fine paper is sold globally.