Key Points
- Mondi insider Mike Powell bought 19 shares at GBX 791 each, spending £150.29. The purchase follows two earlier acquisitions totaling 68 shares in August and September.
- Mondi shares opened at GBX 765, below their 50-day moving average of GBX 850 and 200-day average of GBX 796.08; the stock has traded between GBX 660 and GBX 981.40 over the past year.
- Analyst sentiment is moderately positive, with a consensus “Moderate Buy” rating and an average price target of GBX 936.25, although individual ratings range from “Hold” to “Buy.”
Mondi plc (LON:MNDI - Get Free Report) insider Mike Powell purchased 19 shares of the stock in a transaction dated Wednesday, October 7th. The shares were acquired at an average cost of GBX 791 per share, for a total transaction of £150.29.
Mike Powell also recently made the following trade(s):
- On Monday, September 7th, Mike Powell acquired 34 shares of Mondi stock. The stock was acquired at an average price of GBX 844 per share, with a total value of £286.96.
- On Friday, August 7th, Mike Powell bought 34 shares of Mondi stock. The shares were bought at an average price of GBX 907 per share, for a total transaction of £308.38.
Mondi Stock Performance
Shares of LON MNDI opened at GBX 765 on Friday. The firm's 50-day moving average price is GBX 850 and its 200-day moving average price is GBX 796.08. Mondi plc has a 52-week low of GBX 660 and a 52-week high of GBX 981.40. The company has a market cap of £3.37 billion, a PE ratio of -12.97, a PEG ratio of 0.76 and a beta of 0.61. The company has a quick ratio of 1.14, a current ratio of 1.55 and a debt-to-equity ratio of 62.05.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on MNDI shares. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Mondi from GBX 760 to GBX 825 and gave the stock a "hold" rating in a research report on Monday, August 3rd. Jefferies Financial Group cut their price objective on Mondi from GBX 1,085 to GBX 1,080 and set a "buy" rating for the company in a report on Friday, September 25th. Citigroup raised their target price on Mondi from GBX 820 to GBX 1,040 and gave the stock a "buy" rating in a research report on Monday, August 10th. Finally, JPMorgan Chase & Co. cut their price target on Mondi from GBX 840 to GBX 800 and set a "neutral" rating for the company in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of GBX 936.25.
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.
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