MONDI/PAR VTG FPD 0.2 (LON:MNDI) had its target price reduced by investment analysts at Deutsche Bank from GBX 2,600 ($33.97) to GBX 2,200 ($28.75) in a research report issued to clients and investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price objective indicates a potential upside of 25.25% from the stock’s previous close.
A number of other research analysts also recently commented on the stock. UBS Group reaffirmed a “buy” rating on shares of MONDI/PAR VTG FPD 0.2 in a research report on Monday, February 18th. Jefferies Financial Group dropped their target price 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 on the stock in a research report on Friday, January 4th. Finally, Goldman Sachs Group increased their target price 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 research report on Tuesday, February 19th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of GBX 2,237.14 ($29.23).
MNDI stock opened at GBX 1,756.50 ($22.95) on Wednesday. MONDI/PAR VTG FPD 0.2 has a 52 week low of GBX 1,684 ($22.00) and a 52 week high of GBX 2,145 ($28.03).
In related news, insider Peter Oswald bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 14th. The shares were purchased at an average cost 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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