Key Points
- Andrew King bought 34 shares of Mondi on April 9 at GBX 860 (£292.40) and had bought 36 shares on March 6 at GBX 861, after selling 34,403 shares on Feb 26 at GBX 880 (≈£302,746).
- Mondi shares opened at GBX 860.60 with a market cap of £3.79 billion and a PE of 23.01; analysts have a “Moderate Buy” consensus with an average target price of GBX 1,140.
Mondi plc (LON:MNDI - Get Free Report) insider Andrew King acquired 34 shares of the business's stock in a transaction on Thursday, April 9th. The shares were bought at an average cost of GBX 860 per share, with a total value of £292.40.
Andrew King also recently made the following trade(s):
- On Friday, March 6th, Andrew King acquired 36 shares of Mondi stock. The shares were bought at an average cost of GBX 861 per share, with a total value of £309.96.
- On Thursday, February 26th, Andrew King sold 34,403 shares of Mondi stock. The shares were sold at an average price of GBX 880, for a total value of £302,746.40.
Mondi Stock Up 0.8%
Shares of LON MNDI opened at GBX 860.60 on Friday. The stock has a market cap of £3.79 billion, a PE ratio of 23.01, a PEG ratio of 0.76 and a beta of 0.65. The business has a fifty day moving average of GBX 867.09 and a two-hundred day moving average of GBX 876.32. Mondi plc has a 52-week low of GBX 776 and a 52-week high of GBX 1,250.50. The company has a debt-to-equity ratio of 64.04, a quick ratio of 1.14 and a current ratio of 1.53.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on MNDI shares. JPMorgan Chase & Co. lifted their price objective on Mondi from GBX 900 to GBX 990 and gave the company a "neutral" rating in a report on Thursday, April 2nd. Citigroup lowered their target price on Mondi from GBX 1,250 to GBX 1,030 and set a "buy" rating for the company in a research note on Wednesday, March 4th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Mondi has a consensus rating of "Moderate Buy" and an average target price of GBX 1,140.
Read Our Latest Research Report 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
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