MONDI PLC/ADR’s (MONDY) Neutral Rating Reaffirmed at JPMorgan Chase & Co.

MONDI PLC/ADR (OTCMKTS:MONDY)‘s stock had its “neutral” rating restated by stock analysts at JPMorgan Chase & Co. in a research report issued on Wednesday, The Fly reports.

A number of other equities research analysts have also recently weighed in on MONDY. Zacks Investment Research upgraded MONDI PLC/ADR from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research note on Wednesday, July 22nd. Credit Suisse Group reiterated an “outperform” rating on shares of MONDI PLC/ADR in a research note on Wednesday, August 5th. ValuEngine cut MONDI PLC/ADR from a “hold” rating to a “sell” rating in a research note on Monday, August 3rd. Deutsche Bank reiterated a “buy” rating on shares of MONDI PLC/ADR in a research note on Friday, August 7th. Finally, UBS Group reiterated a “buy” rating on shares of MONDI PLC/ADR in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. MONDI PLC/ADR has a consensus rating of “Buy” and a consensus target price of $43.00.

MONDY traded up $0.73 on Wednesday, reaching $39.51. The company’s stock had a trading volume of 15,069 shares, compared to its average volume of 7,524. The stock has a 50 day moving average of $38.66 and a two-hundred day moving average of $36.44. The company has a quick ratio of 0.58, a current ratio of 1.05 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $9.59 billion, a price-to-earnings ratio of 10.24 and a beta of 0.99. MONDI PLC/ADR has a fifty-two week low of $26.46 and a fifty-two week high of $47.61.

About MONDI PLC/ADR

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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