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Mondi Plc 4.9% Potential Upside Indicated by Bank of America Merrill Lynch

Mondi Plc using EPIC/TICKER code (LON:MNDI) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Bank of America Merrill Lynch. Mondi Plc are listed in the Basic Materials sector within UK Main Market. Bank of America Merrill Lynch have set a target price of 1700 GBX on its stock. This is indicating the analyst believes there is a potential upside of 4.9% from today’s opening price of 1620.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 105.5 points and increased 6 points respectively. The 1 year high share price is 1936.5 GBX while the 52 week low is 1484 GBX.

Mondi Plc has a 50 day moving average of 5,293.88 GBX and the 200 Day Moving Average price is recorded at 2,572.00. There are currently 485,553,780 shares in issue with the average daily volume traded being 1,497,987. Market capitalisation for LON:MNDI is £7,788,624,011 GBP.