17.43% to Target, Credit Suisse Reconfirms “Neutral” Rating for Mondi PLC (LON:MNDI) Stock; Maxlinear Has 1.18 Sentiment

MaxLinear, Inc. provides radio-frequency and mixed-signal circuits for broadband communications, data center, metro, and long-haul transport network applications worldwide. The company has market cap of $1.60 billion. The firm offers RF receivers and RF receiver systems-on-chips to receive and demodulate broadband signals, modem solutions, and physical medium devices that provide a constant current source, current-to-voltage regulation, and data alignment and retiming functionality in optical interconnect applications. It currently has negative earnings. The Company’s products are integrated into a range of electronic devices, including cable and terrestrial and satellite set-top boxes and gates, DOCSIS data and voice gateways, hybrid analog and digital televisions, satellite low-noise blocker transponders or outdoor units, and physical medium devices, as well as RF transceiver and modem devices for wireless access and backhaul applications.

London: In analysts report shared with investors and clients on 27 February, Credit Suisse reaffirmed their “Neutral” rating on shares of Mondi PLC (LON:MNDI). They currently have a GBX 2220.00 price target on the firm. Credit Suisse’s target would indicate a potential upside of 17.43% from the company’s close price.

Ratings analysis reveals 100% of MaxLinear’s analysts are positive. Out of 2 Wall Street analysts rating MaxLinear, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $22.5 while the high is $28.0. The stock’s average target of $25.25 is 6.09% above today’s ($23.8) share price. MXL was included in 2 notes of analysts from November 8, 2016. Benchmark maintained MaxLinear, Inc. (NYSE:MXL) rating on Friday, December 9. Benchmark has “Buy” rating and $28.0 target. The company was maintained on Tuesday, November 8 by Needham.

The stock increased 1.62% or $0.38 during the last trading session, reaching $23.8. About 820,631 shares traded or 48.59% up from the average. MaxLinear, Inc. (MXL) has risen 63.31% since February 27, 2017 and is uptrending. It has outperformed by 46.61% the S&P500.

Analysts await MaxLinear, Inc. (NYSE:MXL) to report earnings on May, 8. They expect $0.25 earnings per share, down 10.71% or $0.03 from last year’s $0.28 per share. MXL’s profit will be $16.85M for 23.80 P/E if the $0.25 EPS becomes a reality. After $0.31 actual earnings per share reported by MaxLinear, Inc. for the previous quarter, Wall Street now forecasts -19.35% negative EPS growth.

Elk Creek Partners Llc holds 2.93% of its portfolio in MaxLinear, Inc. for 1.96 million shares. Paradigm Capital Management Inc Ny owns 1.05 million shares or 2.16% of their US portfolio. Moreover, Omega Advisors Inc. has 1.72% invested in the company for 1.86 million shares. The Minnesota-based Kopp Investment Advisors Llc has invested 1.4% in the stock. Ranger Investment Management L.P., a Texas-based fund reported 767,485 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $1.28 million activity.

Mondi plc manufactures and sells packaging and paper products primarily in central Europe, Russia, North America, and South Africa. The company has market cap of 9.16 billion GBP. The Company’s 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. It has a 11.94 P/E ratio. The firm serves agriculture, automotive, building and construction, chemicals and dangerous goods, food and beverage, farming and agriculture, graphic and photographic, home and personal care, medical and pharmaceutical, office and professional printing paper, paper and packaging converting, pet care, retail and e-commerce, and shipping and transport industries.

Among 11 analysts covering Mondi PLC (LON:MNDI), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Mondi PLC has GBX 2480 highest and GBX 1150 lowest target. GBX 2023’s average target is 6.87% above currents GBX 1893 stock price. Mondi PLC had 145 analyst reports since July 28, 2015 according to SRatingsIntel. On Tuesday, July 18 the stock rating was maintained by Jefferies with “Buy”. On Tuesday, October 6 the stock rating was maintained by Davy Research with “Outperform”. Jefferies maintained the shares of MNDI in report on Friday, October 2 with “Buy” rating. On Monday, October 30 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Buy” rating by Deutsche Bank given on Wednesday, June 14. The rating was maintained by Goodbody on Friday, February 19 with “Hold”. Deutsche Bank maintained Mondi plc (LON:MNDI) on Friday, February 12 with “Buy” rating. The stock of Mondi plc (LON:MNDI) has “Buy” rating given on Monday, August 14 by Deutsche Bank. UBS maintained Mondi plc (LON:MNDI) rating on Monday, November 21. UBS has “Buy” rating and GBX 1700 target. The firm has “Equal Weight” rating given on Friday, August 5 by Barclays Capital.