Key Points
- Insider purchase: Mondi director Stephen Young bought 5,000 shares on April 27 at an average price of GBX 749, a transaction worth £37,450.
- Shares opened at GBX 736.77 and are trading below their 50‑day (GBX 846.95) and 200‑day (GBX 863.55) moving averages; the company has a market cap of £3.25 billion and a 12‑month range of GBX 728.20–1,250.50.
- Analysts are mixed but generally positive: consensus is a Moderate Buy with an average target of GBX 1,126.67, after Citigroup cut its target to GBX 940 (buy) while JPMorgan raised its target to GBX 1,040 (neutral).
Mondi plc (LON:MNDI - Get Free Report) insider Stephen Young acquired 5,000 shares of the business's stock in a transaction that occurred on Monday, April 27th. The shares were acquired at an average cost of GBX 749 per share, for a total transaction of £37,450.
Mondi Price Performance
Shares of MNDI opened at GBX 736.77 on Wednesday. The firm has a market cap of £3.25 billion, a PE ratio of 19.70, a PEG ratio of 0.76 and a beta of 0.65. The firm's 50 day moving average price is GBX 846.95 and its 200 day moving average price is GBX 863.55. The company has a debt-to-equity ratio of 64.04, a quick ratio of 1.14 and a current ratio of 1.53. Mondi plc has a twelve month low of GBX 728.20 and a twelve month high of GBX 1,250.50.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on MNDI. Citigroup cut their price objective on shares of Mondi from GBX 1,000 to GBX 940 and set a "buy" rating on the stock in a research report on Tuesday. JPMorgan Chase & Co. increased their price target on Mondi from GBX 990 to GBX 1,040 and gave the company a "neutral" rating in a report on Monday. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, Mondi currently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,126.67.
View Our Latest Research Report on MNDI
About Mondi
(
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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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