Zacks Investment Research lowered shares of Mondi (OTCMKTS:MONDY) from a buy rating to a hold rating in a report issued on Wednesday morning.
According to Zacks, “Mondi plc manufactures and sells packaging and paper products. Its products include containerboards, sack kraft papers, speciality kraft papers, corrugated packaging products, industrial bags, extrusion coatings, films and hygiene components, release liners, office and printing papers and graphic printing papers as well as pre-made bags and pouches, printed laminates and high-barrier films. The company operates primarily in central Europe, Russia, North America and South Africa. Mondi plc is based in Addlestone, the United Kingdom. “
MONDY stock opened at $56.17 on Wednesday. Mondi has a 12 month low of $44.31 and a 12 month high of $58.62. The company has a market cap of $9,983.42, a P/E ratio of 16.09, a price-to-earnings-growth ratio of 2.32 and a beta of 0.42.
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Mondi Company Profile
Mondi plc manufactures and sells packaging and paper products primarily in central Europe, Russia, North America, and South Africa. Its products include virgin and recycled containerboards, sack and specialty kraft papers, pulp, corrugated packaging products, industrial bags, extrusion coatings, films and hygiene components, release liners, consumer goods packaging products, office and professional printing papers, white-top kraftliners, and barrier coatings, as well as pre-made bags and pouches, printed laminates, and high-barrier films for the consumer industry.
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