MONDI PLC/ADR (MONDY) Stock Rating Lowered by Zacks Investment Research

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MONDI PLC/ADR (OTCMKTS:MONDY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

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. “

Separately, ValuEngine raised MONDI PLC/ADR from a “sell” rating to a “hold” rating in a research report on Friday, January 11th.

OTCMKTS:MONDY opened at $49.65 on Tuesday. The firm has a market cap of $9.12 billion, a P/E ratio of 14.69, a price-to-earnings-growth ratio of 2.57 and a beta of 0.99. MONDI PLC/ADR has a 1-year low of $39.49 and a 1-year high of $60.62.

About MONDI PLC/ADR

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, 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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