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Mondi Plc 20.2% Potential Upside Indicated by Deutsche Bank

Mondi Plc using EPIC/TICKER code (LON:MNDI) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Mondi Plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set a target price of 2000 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 20.2% from the opening price of 1664.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 157 points and decreased 41.5 points respectively. The 52 week high for the share price is currently at 2250 GBX while the 52 week low is 1557.5 GBX.

Mondi Plc has a 50 day moving average of 1,771.24 GBX and a 200 Day Moving Average share price is recorded at 1,773.59. There are currently 485,553,780 shares in issue with the average daily volume traded being 3,496,455. Market capitalisation for LON:MNDI is £7,759,326,190 GBP.