Mondi (LON:MNDI) Insider Andrew King Acquires 17 Shares

Key Points

  • Insider Andrew King has been buying Mondi shares over several months, most notably acquiring 25,000 shares on Nov. 20 at GBX 826 (≈£206,500), and more recently buying smaller lots (17 shares on Jan. 8 at GBX 882).
  • Analysts have a consensus rating of “Moderate Buy” with a consensus target of GBX 1,206.67, versus the stock opening recently around GBX 913.33 and a 1‑year range of GBX 801.60–1,338.

Mondi plc (LON:MNDI - Get Free Report) insider Andrew King purchased 17 shares of the company's stock in a transaction dated Thursday, January 8th. The stock was bought at an average cost of GBX 882 per share, for a total transaction of £149.94.

Andrew King also recently made the following trade(s):

  • On Friday, December 5th, Andrew King acquired 17 shares of Mondi stock. The shares were bought at an average cost of GBX 874 per share, with a total value of £148.58.
  • On Thursday, November 20th, Andrew King acquired 25,000 shares of Mondi stock. The shares were bought 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 stock was bought at an average cost of GBX 815 per share, for a total transaction of £146.70.

Mondi Price Performance

Shares of LON:MNDI opened at GBX 913.33 on Friday. The business has a fifty day moving average price of GBX 869.91 and a 200-day moving average price of GBX 979.78. The company has a debt-to-equity ratio of 41.00, a current ratio of 2.06 and a quick ratio of 1.14. The company has a market capitalization of £4.02 billion, a PE ratio of 21.14, a PEG ratio of 0.76 and a beta of 0.68. Mondi plc has a 1-year low of GBX 801.60 and a 1-year high of GBX 1,338.

Analysts Set New Price Targets

Several research analysts have recently issued reports on MNDI shares. JPMorgan Chase & Co. upped their target price on shares of Mondi from GBX 840 to GBX 970 and gave the stock a "neutral" rating in a research note on Friday, December 5th. Citigroup decreased their price objective on shares of Mondi from GBX 1,530 to GBX 1,250 and set a "buy" rating for the company in a report on Tuesday, October 7th. Finally, Jefferies Financial Group lowered their price objective on Mondi from GBX 1,700 to GBX 1,400 and set a "buy" rating on the stock in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,206.67.




View Our Latest Stock Analysis on Mondi

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. The Corrugated Packaging segment provides virgin and recycled containerboards for fresh fruit packaging and heavy and fragile goods transport packaging applications; and corrugated solutions, such as corrugated boxes and packaging products.

Further Reading

Insider Buying and Selling by Quarter for Mondi (LON:MNDI)

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