Mondi (MNDI)

Sector:

Manufacturing

Index:

FTSE 100

1,201.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 1,604.00
  • 52 Week Low: 1,151.50
  • Currency: UK Pounds
  • Shares Issued: 441.41m
  • Volume: 37,802
  • Market Cap: £5,304m
  • RiskGrade: 133
  • Beta: 1.11

Citi upgrades Mondi to 'buy'

By Michele Maatouk

Date: Friday 24 May 2024

LONDON (ShareCast) - (Sharecast News) - Citi upgraded its stance on Mondi on Friday to 'buy' as it said that after a difficult couple of years, the market headwinds of destocking and lower pricing are reversing across the packaging company's product segments (board, flexibles, paper).
"We see 'normalised' EBITDA of around €1.8bn in 2-3 years - achieving this at 8x EV/EBITDA (the multiple before the Russia-Ukraine conflict) would put the stock at circa £25/share in 3 years," it said.

At 1200 BST, the shares were up 1.2% at 1,594.50p.

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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 1,201.50p
Change Today 0.50p
% Change 0.04 %
52 Week High 1,604.00
52 Week Low 1,151.50
Volume 37,802
Shares Issued 441.41m
Market Cap £5,304m
Beta 1.11
RiskGrade 133

Mondi Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.65% above the market average48.65% above the market average48.65% above the market average48.65% above the market average48.65% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
48.58% below the market average48.58% below the market average48.58% below the market average48.58% below the market average48.58% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Income
28.01% above the market average28.01% above the market average28.01% above the market average28.01% above the market average28.01% above the market average
Sector averageSector averageSector averageSector averageSector average
Growth
67.3% below the market average67.3% below the market average67.3% below the market average67.3% below the market average67.3% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average

Mondi Dividends

  Latest Previous
  Interim Final
Ex-Div 22-Aug-24 04-Apr-24
Paid 27-Sep-24 14-May-24
Amount 23.33¢ 46.67¢

Trades for 04-Dec-2024

Time Volume / Share Price
08:43 65 @ 1,201.50p
08:41 161 @ 1,201.00p
08:41 339 @ 1,201.00p
08:41 234 @ 1,201.50p
08:41 3 @ 1,201.50p

Mondi Key Personnel

CEO Andrew King
Chair Philip Yea

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