Brokerages Set MONDI/PAR VTG FPD 0.2 (MNDI) Price Target at $2,212.50

MONDI/PAR VTG FPD 0.2 (LON:MNDI) has received a consensus recommendation of “Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 2,212.50 ($28.91).

Several research analysts recently weighed in on the stock. Deutsche Bank restated a “buy” rating on shares of MONDI/PAR VTG FPD 0.2 in a research report on Thursday, November 1st. UBS Group reiterated a “buy” rating on shares of MONDI/PAR VTG FPD 0.2 in a report on Monday. Goldman Sachs Group increased their price objective on shares of MONDI/PAR VTG FPD 0.2 from GBX 1,925 ($25.15) to GBX 1,975 ($25.81) and gave the company a “neutral” rating in a report on Tuesday. Finally, Jefferies Financial Group cut their price objective on shares of MONDI/PAR VTG FPD 0.2 from GBX 2,250 ($29.40) to GBX 1,950 ($25.48) and set a “buy” rating for the company in a report on Friday, January 4th.

MNDI opened at GBX 1,887 ($24.66) on Tuesday. MONDI/PAR VTG FPD 0.2 has a twelve month low of GBX 1,684 ($22.00) and a twelve month high of GBX 2,145 ($28.03).

In related news, insider Peter Oswald acquired 5,000 shares of the stock in a transaction that occurred on Friday, December 14th. The stock was purchased at an average price of GBX 1,597 ($20.87) per share, with a total value of £79,850 ($104,338.17).

MONDI/PAR VTG FPD 0.2 Company Profile

Mondi plc manufactures and sells packaging and paper products primarily in central Europe, Russia, North America, and South Africa. Its products include virgin and recycled containerboards, sack and specialty kraft papers, pulp, corrugated packaging products, industrial bags, extrusion coatings, films and hygiene components, release liners, consumer goods packaging products, office and professional printing papers, and barrier coatings, as well as pre-made bags and pouches, printed laminates, and high-barrier films for the consumer industry.

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Analyst Recommendations for MONDI/PAR VTG FPD 0.2 (LON:MNDI)

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