Mondi (MNDI)

Sector:

Manufacturing

Index:

FTSE 100

1,591.50p
   
  • Change Today:
    -9.50p
  • 52 Week High: 1,602.50
  • 52 Week Low: 1,179.72
  • Currency: UK Pounds
  • Shares Issued: 441.41m
  • Volume: 910,834
  • Market Cap: £7,025m
  • RiskGrade: 133

Jefferies raises target price on Mondi

By Iain Gilbert

Date: Tuesday 07 May 2024

LONDON (ShareCast) - (Sharecast News) - Jefferies upped its target price on paper and packaging business Mondi from 1,650.0p to 1,700.0p on Tuesday following the group's first-quarter trading update.
Jefferies said Mondi had outperformed this last month, off a depressed level after walking away from SMDS merger and benefiting from higher volume and P&P pricing sentiment.

"One-off FX impact weighed on 1Q24 and 2024 upgrades, but with stable CE wood costs, improving order books and higher pricing to be realised from 2Q24 onwards, we think it's too soon to step away, given EBITDA upside risk if second targeted price hikes into 3Q24 are achieved," said the analysts.





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mondi Market Data

Currency UK Pounds
Share Price 1,591.50p
Change Today -9.50p
% Change -0.59 %
52 Week High 1,602.50
52 Week Low 1,179.72
Volume 910,834
Shares Issued 441.41m
Market Cap £7,025m
RiskGrade 133

Mondi Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
24.87% above the market average24.87% above the market average24.87% above the market average24.87% above the market average24.87% above the market average
28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average
Price Trend
62.83% above the market average62.83% above the market average62.83% above the market average62.83% above the market average62.83% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Income
14.75% above the market average14.75% above the market average14.75% above the market average14.75% above the market average14.75% above the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Growth
76.29% below the market average76.29% below the market average76.29% below the market average76.29% below the market average76.29% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

Mondi Dividends

  Latest Previous
  Final Special
Ex-Div 04-Apr-24 29-Jan-24
Paid 14-May-24 13-Feb-24
Amount 46.67¢ 160.00¢

Trades for 17-May-2024

Time Volume / Share Price
16:38 657 @ 1,591.50p
16:36 657 @ 1,591.50p
16:35 1,158 @ 1,591.50p
16:35 621 @ 1,591.50p
16:35 772 @ 1,591.50p

Mondi Key Personnel

CEO Andrew King
Chair Philip Yea

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