Andrew King Acquires 8 Shares of Mondi Plc (MNDI) Stock
Mondi Plc (LON:MNDI) insider Andrew King bought 8 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was purchased at an average price of GBX 1,829 ($24.06) per share, for a total transaction of £146.32 ($192.45).
Andrew King also recently made the following trade(s):
- On Friday, October 6th, Andrew King bought 7 shares of Mondi Plc stock. The stock was purchased at an average price of GBX 2,132 ($28.04) per share, for a total transaction of £149.24 ($196.29).
- On Thursday, September 7th, Andrew King bought 7 shares of Mondi Plc stock. The stock was purchased at an average price of GBX 2,031 ($26.71) per share, for a total transaction of £142.17 ($186.99).
Shares of Mondi Plc (MNDI) opened at GBX 1,807 ($23.77) on Friday. Mondi Plc has a 52 week low of GBX 1,495 ($19.66) and a 52 week high of GBX 2,145 ($28.21).
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Several research firms have weighed in on MNDI. Jefferies Group LLC boosted their target price on shares of Mondi Plc from GBX 2,250 ($29.59) to GBX 2,300 ($30.25) and gave the company a “buy” rating in a report on Tuesday, July 18th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 2,300 ($30.25) target price on shares of Mondi Plc in a report on Monday, August 14th. J P Morgan Chase & Co reiterated an “overweight” rating on shares of Mondi Plc in a report on Friday, August 4th. Citigroup Inc. reiterated a “neutral” rating and issued a GBX 2,480 ($32.62) target price on shares of Mondi Plc in a report on Thursday, October 12th. Finally, Credit Suisse Group decreased their target price on shares of Mondi Plc from GBX 2,265 ($29.79) to GBX 2,220 ($29.20) and set a “neutral” rating on the stock in a report on Friday, October 13th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 2,196.25 ($28.89).
About Mondi Plc
Mondi plc is a United Kingdom-based packaging and paper company. The Company is engaged in managing forests and producing pulp, paper and compound plastics for industrial and consumer packaging. The Company and Mondi Limited, under a dual listed company (DLC) structure, operate together as a single economic entity.
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