Key Points
- Andrew King, a Mondi insider, bought 25,000 shares on 20 November at an average price of GBX 826 per share for a total of £206,500, after making two smaller purchases in October and November.
- Several analysts have cut their price targets (Jefferies, JPMorgan, Citigroup), but the consensus remains a “Moderate Buy” with an average target of GBX 1,163.33 (two Buys, one Hold).
- Shares opened at GBX 824.40 (down 1.3%) and are trading below both the 50‑day (GBX 895.23) and 200‑day (GBX 1,057.11) moving averages; the stock has a market cap of £3.63 billion and a P/E of 19.08.
Mondi plc (LON:MNDI - Get Free Report) insider Andrew King acquired 25,000 shares of the company's stock in a transaction that occurred on Thursday, November 20th. The shares were acquired at an average cost of GBX 826 per share, for a total transaction of £206,500.
Andrew King also recently made the following trade(s):
- On Friday, November 7th, Andrew King bought 18 shares of Mondi stock. The shares were acquired at an average price of GBX 815 per share, with a total value of £146.70.
- On Tuesday, October 7th, Andrew King acquired 18 shares of Mondi stock. The shares were bought at an average cost of GBX 871 per share, with a total value of £156.78.
Mondi Stock Down 1.3%
Shares of LON:MNDI opened at GBX 824.40 on Friday. The company has a current ratio of 2.06, a quick ratio of 1.14 and a debt-to-equity ratio of 41.00. The stock has a fifty day simple moving average of GBX 895.23 and a two-hundred day simple moving average of GBX 1,057.11. Mondi plc has a 12-month low of GBX 801.60 and a 12-month high of GBX 1,338. The stock has a market capitalization of £3.63 billion, a price-to-earnings ratio of 19.08, a PEG ratio of 0.76 and a beta of 0.68.
Analyst Ratings Changes
MNDI has been the subject of several recent analyst reports. Jefferies Financial Group lowered their price target on Mondi from GBX 1,700 to GBX 1,400 and set a "buy" rating for the company in a research report on Wednesday, October 8th. JPMorgan Chase & Co. decreased their target price on shares of Mondi from GBX 1,180 to GBX 840 and set a "neutral" rating for the company in a report on Monday, October 20th. Finally, Citigroup dropped their target price on shares of Mondi from GBX 1,530 to GBX 1,250 and set a "buy" rating on the stock in a research note on Tuesday, October 7th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,163.33.
Get Our Latest Stock Analysis on MNDI
About Mondi
(
Get Free Report)
Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper.
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