Key Points
- Insider purchase: Mondi director Andrew King bought 34 shares at GBX 907 each, totaling £308.38. This follows purchases of 42 shares in July and 20 shares in June.
- Stock performance: Mondi opened at GBX 903, with a one-year range of GBX 660 to GBX 1,083 and a market capitalization of approximately £3.98 billion.
- Analyst outlook: Analysts hold a “Moderate Buy” consensus rating, with an average price target of GBX 937.50; individual ratings range from “Hold” to “Buy,” with targets between GBX 800 and GBX 1,085.
Mondi plc (LON:MNDI - Get Free Report) insider Andrew King acquired 34 shares of the firm's stock in a transaction that occurred on Friday, August 7th. The stock was bought at an average price of GBX 907 per share, for a total transaction of £308.38.
Andrew King also recently made the following trade(s):
- On Tuesday, July 7th, Andrew King bought 42 shares of Mondi stock. The stock was bought at an average cost of GBX 710 per share, for a total transaction of £298.20.
- On Friday, June 5th, Andrew King bought 20 shares of Mondi stock. The shares were bought at an average price of GBX 753 per share, with a total value of £150.60.
Mondi Price Performance
MNDI stock opened at GBX 903 on Wednesday. The company has a debt-to-equity ratio of 62.05, a current ratio of 1.55 and a quick ratio of 1.14. Mondi plc has a one year low of GBX 660 and a one year high of GBX 1,083. The stock has a market cap of £3.98 billion, a PE ratio of 24.14, a P/E/G ratio of 0.76 and a beta of 0.61. The firm has a 50 day simple moving average of GBX 755.41 and a two-hundred day simple moving average of GBX 806.76.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Mondi from GBX 840 to GBX 800 and set a "neutral" rating for the company in a report on Friday, July 31st. Citigroup raised their price target on Mondi from GBX 820 to GBX 1,040 and gave the company a "buy" rating in a research report on Monday. Deutsche Bank Aktiengesellschaft raised their price target on Mondi from GBX 760 to GBX 825 and gave the company a "hold" rating in a research report on Monday, August 3rd. Finally, Jefferies Financial Group cut their price objective on Mondi from GBX 1,100 to GBX 1,085 and set a "buy" rating for the company in a report on Friday, July 31st. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, Mondi has an average rating of "Moderate Buy" and an average target price of GBX 937.50.
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Mondi Company Profile
(
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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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