Mondi could exceed the symbolic threshold of GBp 1058.

The fundamental qualities of the group are clearly attractive as evidenced by the upward revisions of earnings per share and revenue estimations. The profitability of the company's business remains good. The high levels of valuation show the interest of investors for this security.

From a technical viewpoint, prices are well oriented in a bullish trend on different time scales. This positive trend is expected to go toward GBp 1058, supported by the 20-day moving average.

Exceeding the technical line at GBp 1058 would point to ambitious upward targets. In this case, market participants could buy this stock with an initial target of GBp 1163.8. A stop loss has to be placed bellow the entry point.