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Shares of Mondi plc (OTCMKTS:MONDY - Get Rating) have earned a consensus rating of "Buy" from the eight brokerages that are presently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a buy rating. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $1,780.00.

A number of brokerages recently weighed in on MONDY. JPMorgan Chase & Co. cut their price target on shares of Mondi from GBX 1,868 ($21.51) to GBX 1,760 ($20.26) in a report on Thursday, November 3rd. Morgan Stanley raised shares of Mondi from an "equal weight" rating to an "overweight" rating in a report on Thursday, October 13th. Finally, Credit Suisse Group cut their price target on shares of Mondi from GBX 1,940 ($22.34) to GBX 1,800 ($20.73) in a report on Friday, October 7th.Mondi Stock Down 1.1 %

MONDY opened at $34.95 on Thursday. The firm's fifty day moving average price is $32.75 and its two-hundred day moving average price is $35.47. Mondi has a 1 year low of $29.34 and a 1 year high of $53.71. Mondi Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 14th. Shareholders of record on Friday, August 26th were issued a dividend of $0.3932 per share. This represents a yield of 3.41%. The ex-dividend date was Thursday, August 25th. About Mondi (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; functional films; corrugated solutions; industrial bags; barrier coatings; specialty Kraft and sack Kraft papers; containerboards; and office and professional printing papers.Featured ArticlesGet a free copy of the StockNews.com research report on Mondi (MONDY)Analysts Rate DraftKings a Moderate Buy As Growth SlowsDoorDash Outperforms Despite Losses - Is It Time To Buy?Goodyear Tire & Rubber Stock is Becoming a Mighty Good BargainGlobalFoundries Pops Nearly 9% On Better-Than-Expected Q3 ResultsMullen Automotive: Momentum Builds, Bears Risk Short-Squeeze 

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