Key Points
- Mondi insider Andrew King bought 19 shares at GBX 776 each on November 6, for a total of £147.44. He had also bought shares in September and October.
- Analyst views are mixed: two rate Mondi a Buy and two a Hold, giving it an overall “Moderate Buy” rating and an average price target of GBX 936.25.
- Mondi shares opened at GBX 791 and were reported down 0.1%; they had traded between GBX 660 and GBX 981.40 over the previous year.
Mondi plc (LON:MNDI - Get Free Report) insider Andrew King bought 19 shares of Mondi stock in a transaction dated Friday, November 6th. The stock was acquired at an average price of GBX 776 per share, with a total value of £147.44.
Andrew King also recently made the following trade(s):
- On Wednesday, October 7th, Andrew King bought 20 shares of Mondi stock. The stock was acquired at an average cost of GBX 791 per share, with a total value of £158.20.
- On Monday, September 7th, Andrew King purchased 34 shares of Mondi stock. The shares were acquired at an average price of GBX 844 per share, for a total transaction of £286.96.
Mondi Stock Down 0.1%
LON:MNDI opened at GBX 791 on Tuesday. The firm has a market capitalization of £3.49 billion, a price-to-earnings ratio of -13.41, a PEG ratio of 0.76 and a beta of 0.61. Mondi plc has a 1-year low of GBX 660 and a 1-year high of GBX 981.40. The company has a current ratio of 1.55, a quick ratio of 1.14 and a debt-to-equity ratio of 62.05. The business's fifty day moving average price is GBX 801.69 and its 200 day moving average price is GBX 810.06.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on MNDI shares. JPMorgan Chase & Co. reduced their price target on shares of Mondi from GBX 840 to GBX 800 and set a "neutral" rating for the company in a research report on Friday, July 31st. Citigroup upped their price objective on shares of Mondi from GBX 820 to GBX 1,040 and gave the company a "buy" rating in a research note on Monday, August 10th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 1,080 target price on shares of Mondi in a research report on Thursday, October 15th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Mondi from GBX 760 to GBX 825 and gave the company a "hold" rating in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Mondi presently has an average rating of "Moderate Buy" and an average target price of GBX 936.25.
Get Our Latest Stock 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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