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Market Impact: 0.35

UBS downgrades Mondi to 'neutral' on persistent cost pressure

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UBS downgrades Mondi to 'neutral' on persistent cost pressure

UBS downgraded Mondi PLC to 'neutral' from 'buy' due to persistent cost pressure and a potentially weak Q2. It cut its price target by 23% to 750p from 970p, versus a 703p current share price, signaling more cautious near-term earnings momentum.

Analysis

UBS downgraded Mondi PLC to 'neutral' from 'buy' due to persistent cost pressure and a potentially weak Q2. It cut its price target by 23% to 750p from 970p, versus a 703p current share price, signaling more cautious near-term earnings momentum.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35

Ticker Sentiment

MNODF-0.75

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