Key Points
- Mike Powell sold 20,307 shares of Mondi (LON:MNDI) on February 26 at an average price of GBX 880, generating £178,701.60 in proceeds.
- Powell also made small purchases earlier this season (17 shares on January 8 at GBX 882 and 17 shares on December 5 at GBX 874), suggesting mixed insider trading activity.
- Analysts hold a consensus "Moderate Buy" on Mondi with a consensus target of GBX 1,206.67; JPMorgan raised its target to GBX 970 and rated the stock "neutral," while the share price trades around GBX 882.05.
Mondi plc (LON:MNDI - Get Free Report) insider Mike Powell sold 20,307 shares of the business's stock in a transaction on Thursday, February 26th. The shares were sold at an average price of GBX 880, for a total transaction of £178,701.60.
Mike Powell also recently made the following trade(s):
- On Thursday, January 8th, Mike Powell bought 17 shares of Mondi stock. The shares were bought at an average price of GBX 882 per share, for a total transaction of £149.94.
- On Friday, December 5th, Mike Powell purchased 17 shares of Mondi stock. The stock was bought at an average price of GBX 874 per share, with a total value of £148.58.
Mondi Stock Performance
LON:MNDI opened at GBX 882.05 on Friday. The business's fifty day moving average is GBX 899.71 and its 200 day moving average is GBX 916.98. The firm has a market cap of £3.89 billion, a price-to-earnings ratio of 20.42, a PEG ratio of 0.76 and a beta of 0.68. The company has a debt-to-equity ratio of 41.00, a quick ratio of 1.14 and a current ratio of 2.06. Mondi plc has a 52-week low of GBX 801.60 and a 52-week high of GBX 1,296.50.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. increased their price target on shares of Mondi from GBX 840 to GBX 970 and gave the stock a "neutral" rating in a report on Friday, December 5th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, Mondi presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,206.67.
View Our Latest 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.
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