FY2017 EPS Estimates for Mondi Plc (MONDY) Boosted by Analyst

Mondi Plc (OTCMKTS:MONDY) – Jefferies Group increased their FY2017 earnings estimates for shares of Mondi in a research report issued on Tuesday. Jefferies Group analyst J. Jordan now expects that the company will earn $3.53 per share for the year, up from their prior forecast of $3.47. Jefferies Group also issued estimates for Mondi’s FY2018 earnings at $3.77 EPS and FY2019 earnings at $3.96 EPS.

Separately, Zacks Investment Research lowered shares of Mondi from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th.

Shares of Mondi (OTCMKTS MONDY) opened at $53.61 on Thursday. Mondi has a 52-week low of $41.87 and a 52-week high of $58.62. The company has a current ratio of 1.39, a quick ratio of 0.83 and a debt-to-equity ratio of 0.33.

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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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