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Mondi Plc 16.7% Potential Upside Indicated by Deutsche Bank

Mondi Plc using EPIC/TICKER code (LON:MNDI) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Mondi Plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set their target price at 2400 GBX on its stock. This now indicates the analyst believes there is a possible upside of 16.7% from the opening price of 2056 GBX. Over the last 30 and 90 trading days the company share price has increased 98.5 points and increased 206 points respectively. The 1 year high for the stock price is 2145 GBX while the 52 week low for the share price is 1684 GBX.

Mondi Plc has a 50 day moving average of 1,976.48 GBX and a 200 Day Moving Average share price is recorded at 1,940.27. There are currently 469,892,196 shares in issue with the average daily volume traded being 1,727,658. Market capitalisation for LON:MNDI is £9,599,897,564 GBP.