Mondi Plc (LON:MNDI)‘s stock had its “buy” rating restated by equities researchers at Jefferies Group in a note issued to investors on Monday, Marketbeat reports. They presently have a GBX 1,800 ($25.64) price objective on the stock. Jefferies Group’s price objective would indicate a potential upside of 58.59% from the stock’s current price.

A number of other analysts also recently commented on the stock. Davy Research reiterated an “outperform” rating on shares of Mondi Plc in a report on Monday. Deutsche Bank dropped their target price on shares of Mondi Plc from GBX 1,750 ($24.93) to GBX 1,650 ($23.51) and set a “buy” rating on the stock in a report on Monday, January 25th. Credit Suisse dropped their target price on shares of Mondi Plc from GBX 1,895 ($27.00) to GBX 1,745 ($24.86) and set an “outperform” rating on the stock in a report on Tuesday, January 19th. Investec reiterated a “buy” rating and issued a GBX 1,700 ($24.22) target price on shares of Mondi Plc in a report on Thursday, November 5th. Finally, Goodbody Stockbrokers Ltd reissued a “hold” rating on shares of Mondi Plc in a research report on Tuesday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,580 ($22.51).

Mondi Plc (LON:MNDI) opened at 1143.000 on Monday. The stock’s market cap is GBX 5.53 billion. The stock has a 50 day moving average of GBX 1,257.67 and a 200-day moving average of GBX 1,425.35. Mondi Plc has a 52 week low of GBX 1,117.00 and a 52 week high of GBX 1,614.36.

Mondi Plc is a United Kingdom-based packaging and paper company. The Company and Mondi Limited, under a dual listed company (LON:MNDI) structure, operate together as a single economic entity (the Group). The Group is fully integrated across the packaging and paper value chain and is structured into two divisions. The Europe & International division’s Packaging Paper business manufactures and sells virgin and recycled containerboard and sack and specialty kraft paper. Its Fibre Packaging business consists primarily of paper-based converting operations. Its Consumer Packaging business develops, manufactures and sells consumer packaging solutions, advanced films, components for hygiene products and release liner. Its Uncoated Fine Paper business manufactures and sells papers for use in offices and professional printing. The Group’s South Africa division manages forestry operations, and manufactures and sells a range of pulp, virgin containerboard, uncoated fine paper and newsprint products.

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