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Mondi Plc 24.6% Potential Upside Indicated by JP Morgan Cazenove

Mondi Plc with EPIC/TICKER (LON:MNDI) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Mondi Plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set their target price at 2000 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 24.6% from today’s opening price of 1604.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 173 points and decreased 101.5 points respectively. The 52 week high for the share price is currently at 2250 GBX while the 52 week low for the stock is 1557.5 GBX.

Mondi Plc has a 50 day moving average of 1,770.84 GBX and a 200 day moving average of 1,772.92. There are currently 485,553,780 shares in issue with the average daily volume traded being 3,543,120. Market capitalisation for LON:MNDI is £7,671,748,460 GBP.