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Mondi Plc 21.6% Potential Upside Indicated by Morgan Stanley

Mondi Plc with EPIC/TICKER (LON:MNDI) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Morgan Stanley. Mondi Plc are listed in the Basic Materials sector within UK Main Market. Morgan Stanley have set a target price of 1915 GBX on its stock. This would imply the analyst believes there is now a potential upside of 21.6% from the opening price of 1575 GBX. Over the last 30 and 90 trading days the company share price has increased 17 points and decreased 274 points respectively. The 1 year high for the stock price is 1936.5 GBX while the year low share price is currently 1484 GBX.

Mondi Plc has a 50 day moving average of 1,616.95 GBX and the 200 Day Moving Average price is recorded at 1,731.29. There are currently 485,553,780 shares in issue with the average daily volume traded being 2,484,407. Market capitalisation for LON:MNDI is £7,714,822,227 GBP.

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