Mondi Plc (LON:MNDI) announced a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, August 15th will be given a dividend of €0.27 ($0.32) per share on Friday, September 20th. This represents a dividend yield of 1.46%. The ex-dividend date is Thursday, August 15th. The official announcement can be seen at this link.
MNDI opened at GBX 1,600 ($20.91) on Tuesday. The company has a debt-to-equity ratio of 59.35, a quick ratio of 0.74 and a current ratio of 1.35. The company has a market capitalization of $7.77 billion and a P/E ratio of 9.89. The business’s 50 day simple moving average is GBX 1,742.96. Mondi has a fifty-two week low of GBX 1,541 ($20.14) and a fifty-two week high of GBX 2,242 ($29.30).
A number of equities research analysts recently weighed in on MNDI shares. Goldman Sachs Group dropped their price target on shares of Mondi from GBX 1,975 ($25.81) to GBX 1,850 ($24.17) and set a “neutral” rating for the company in a research note on Tuesday, April 23rd. UBS Group reaffirmed a “buy” rating on shares of Mondi in a research note on Friday, August 2nd. Credit Suisse Group reaffirmed an “outperform” rating on shares of Mondi in a research note on Wednesday, April 17th. Deutsche Bank lowered their target price on shares of Mondi from GBX 2,200 ($28.75) to GBX 2,000 ($26.13) and set a “buy” rating for the company in a research note on Friday, August 2nd. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,050 ($26.79) target price on shares of Mondi in a research note on Tuesday, April 23rd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 1,980 ($25.87).
Mondi plc manufactures and sells packaging and paper products in the United Kingdom, Africa, Europe, Russia, North America, South America, Asia, and Australia. The company offers flexible packaging, bags, and pouches; personal care components; release liners; technical films; corrugated packaging; industrial bags; barrier coatings; specialty Kraft paper; sack Kraft paper; containerboards; office and professional printing papers; and paper for sustainable and promotional events, as well as product training courses.
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