MONDI/PAR VTG FPD 0.2 (MNDI) Receives GBX 2,485 Consensus Target Price from Brokerages

MONDI/PAR VTG FPD 0.2 (LON:MNDI) has received a consensus recommendation of “Buy” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 2,485 ($32.37).

MNDI has been the subject of a number of research reports. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,500 ($32.56) target price on shares of MONDI/PAR VTG FPD 0.2 in a research note on Wednesday, August 22nd. JPMorgan Chase & Co. restated an “overweight” rating on shares of MONDI/PAR VTG FPD 0.2 in a research note on Friday, August 17th. Deutsche Bank lifted their target price on MONDI/PAR VTG FPD 0.2 from GBX 2,400 ($31.26) to GBX 2,600 ($33.87) and gave the company a “buy” rating in a research note on Thursday, August 9th. Finally, UBS Group lifted their target price on MONDI/PAR VTG FPD 0.2 from GBX 2,300 ($29.96) to GBX 2,400 ($31.26) and gave the company a “buy” rating in a research note on Monday, August 6th.

MNDI stock traded up GBX 17 ($0.22) during midday trading on Friday, reaching GBX 2,134 ($27.80). The company had a trading volume of 826,097 shares, compared to its average volume of 1,880,000. MONDI/PAR VTG FPD 0.2 has a fifty-two week low of GBX 1,684 ($21.94) and a fifty-two week high of GBX 2,145 ($27.94).

The firm also recently disclosed a dividend, which was paid on Friday, September 14th. Stockholders of record on Thursday, August 23rd were given a dividend of €0.21 ($0.25) per share. The ex-dividend date was Thursday, August 23rd. This represents a dividend yield of 0.87%.

About MONDI/PAR VTG FPD 0.2

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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