Mondi’s (MNDI) “Hold” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Mondi (LON:MNDI)‘s stock had its “hold” rating reaffirmed by investment analysts at Deutsche Bank Aktiengesellschaft in a report issued on Monday,Digital Look reports. They presently have a GBX 760 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential downside of 1.94% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. Citigroup lowered their price objective on Mondi from GBX 1,000 to GBX 940 and set a “buy” rating for the company in a research report on Tuesday, April 28th. JPMorgan Chase & Co. increased their target price on Mondi from GBX 990 to GBX 1,040 and gave the stock a “neutral” rating in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,035.

Mondi Trading Down 0.9%

Shares of MNDI opened at GBX 775 on Monday. The stock has a fifty day moving average of GBX 833.42 and a two-hundred day moving average of GBX 861.65. The company has a debt-to-equity ratio of 64.04, a quick ratio of 1.14 and a current ratio of 1.53. The company has a market capitalization of £3.42 billion, a PE ratio of 20.72, a price-to-earnings-growth ratio of 0.76 and a beta of 0.56. Mondi has a fifty-two week low of GBX 728.20 and a fifty-two week high of GBX 1,250.50.

Insider Transactions at Mondi

In other news, insider Andrew King purchased 34 shares of the stock in a transaction on Thursday, April 9th. The stock was purchased at an average price of GBX 860 per share, with a total value of £292.40. Also, insider Mike Powell purchased 34 shares of the stock in a transaction on Thursday, April 9th. The shares were purchased at an average cost of GBX 860 per share, with a total value of £292.40. Insiders bought a total of 5,140 shares of company stock worth $3,865,472 in the last ninety days. Insiders own 0.20% of the company’s stock.

Mondi Company Profile

Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper. The Corrugated Packaging segment provides virgin and recycled containerboards for fresh fruit packaging and heavy and fragile goods transport packaging applications; and corrugated solutions, such as corrugated boxes and packaging products.