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Mondi Plc 21.9% 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’ today 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 1950 GBX on its stock. This now indicates the analyst believes there is a possible upside of 21.9% from the opening price of 1600 GBX. Over the last 30 and 90 trading days the company share price has decreased 76 points and decreased 205.5 points respectively. The 1 year high stock price is 1936.5 GBX while the 52 week low is 1484 GBX.

Mondi Plc has a 50 day moving average of 1,618.30 GBX and a 200 Day Moving Average share price is recorded at 1,740.87. There are currently 485,553,780 shares in issue with the average daily volume traded being 2,691,802. Market capitalisation for LON:MNDI is £7,704,979,632 GBP.