Mondi plc (OTCMKTS:MONDY) Receives Average Rating of “Buy” from Analysts

Mondi plc (OTCMKTS:MONDYGet Rating) has received a consensus recommendation of “Buy” from the eight brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company.

MONDY has been the topic of several analyst reports. Morgan Stanley lowered shares of Mondi from an “overweight” rating to an “equal weight” rating in a research note on Friday, April 8th. JPMorgan Chase & Co. upgraded shares of Mondi from a “neutral” rating to an “overweight” rating in a research note on Tuesday, March 1st. Exane BNP Paribas lowered shares of Mondi from an “outperform” rating to a “neutral” rating in a research note on Monday, March 7th. Finally, Zacks Investment Research lowered shares of Mondi from a “hold” rating to a “sell” rating in a research note on Wednesday, January 12th.

Shares of OTCMKTS:MONDY opened at $39.65 on Friday. The firm’s 50 day moving average is $41.17 and its two-hundred day moving average is $46.70. Mondi has a 52 week low of $34.15 and a 52 week high of $59.24.

The business also recently disclosed a dividend, which will be paid on Tuesday, May 31st. Investors of record on Friday, April 8th will be paid a dividend of $0.9429 per share. The ex-dividend date of this dividend is Thursday, April 7th. This represents a dividend yield of 3.34%.

Mondi Company Profile (Get Rating)

Mondi plc engages in the manufacture and sale of packaging and paper products in Africa, Western Europe, Emerging Europe, Russia, North America, South America, Asia, and Australia. It operates in Corrugated Packaging, Flexible Packaging, Engineered Materials, and Uncoated Fine Paper segments. The company offers flexible packaging, bags, and pouches; personal care components; release liners; technical films; corrugated packaging solutions; industrial bags; barrier coatings; specialty Kraft and sack Kraft papers; containerboards; and office and professional printing papers.

Read More

Analyst Recommendations for Mondi (OTCMKTS:MONDY)

Receive News & Ratings for Mondi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondi and related companies with MarketBeat.com's FREE daily email newsletter.