Key Points
- Insider buying: Director Andrew King bought 17 shares on Dec 5 at GBX 874 (£148.58) and notably purchased 25,000 shares on Nov 20 at GBX 826 (≈£206,500), signalling recent insider accumulation.
- Analyst sentiment: The stock has a "Moderate Buy" consensus with an average target of GBX 1,206.67; Citigroup and Jefferies retain Buy ratings after lowering targets, while JPMorgan rates it Neutral with a GBX 970 target.
- Current trading and valuation: Mondi trades around GBX 858 (market cap ~£3.78bn) with a P/E of 19.87, a 50-day MA near GBX 860 and a 200-day MA of GBX 1,028, and a 12-month range of GBX 801.60–1,338.
Mondi plc (LON:MNDI - Get Free Report) insider Andrew King bought 17 shares of the stock in a transaction on Friday, December 5th. The stock was purchased at an average price of GBX 874 per share, for a total transaction of £148.58.
Andrew King also recently made the following trade(s):
- On Thursday, November 20th, Andrew King purchased 25,000 shares of Mondi stock. The shares were purchased at an average price of GBX 826 per share, with a total value of £206,500.
- 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 bought 18 shares of Mondi stock. The stock was acquired at an average price of GBX 871 per share, with a total value of £156.78.
Mondi Stock Performance
LON MNDI opened at GBX 858.20 on Tuesday. The firm has a market cap of £3.78 billion, a P/E ratio of 19.87, a price-to-earnings-growth ratio of 0.76 and a beta of 0.68. The company has a quick ratio of 1.14, a current ratio of 2.06 and a debt-to-equity ratio of 41.00. The company's 50 day moving average is GBX 859.94 and its 200-day moving average is GBX 1,028.14. Mondi plc has a 12-month low of GBX 801.60 and a 12-month high of GBX 1,338.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the company. Citigroup dropped their target price on Mondi from GBX 1,530 to GBX 1,250 and set a "buy" rating on the stock in a research report on Tuesday, October 7th. Jefferies Financial Group dropped their price objective on Mondi from GBX 1,700 to GBX 1,400 and set a "buy" rating on the stock in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. raised their target price on Mondi from GBX 840 to GBX 970 and gave the stock a "neutral" rating in a research note on Friday. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 1,206.67.
Read Our Latest Report on MNDI
Mondi Company Profile
(
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.
See Also
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