Mondi (LON:MNDI) Insider Acquires £286.96 in Stock

Mondi plc (LON:MNDI) insider Andrew King bought 34 shares of the stock in a transaction dated Monday, September 7th. The stock was bought at an average price of GBX 844 per share, with a total value of £286.96.

Andrew King also recently made the following trade(s):

• On Friday, August 7th, Andrew King purchased 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.
• On Tuesday, July 7th, Andrew King purchased 42 shares of Mondi stock. The shares were bought at an average price of GBX 710 per share, for a total transaction of £298.20.

Mondi Price Performance

Shares of MNDI opened at GBX 826 on Friday. Mondi plc has a 1-year low of GBX 660 and a 1-year high of GBX 1,058. The stock has a market cap of £3.64 billion, a PE ratio of -14.00, a price-to-earnings-growth ratio of 0.76 and a beta of 0.61. The company has a debt-to-equity ratio of 62.05, a current ratio of 1.55 and a quick ratio of 1.14. The firm has a fifty day moving average price of GBX 817.40 and a 200 day moving average price of GBX 800.45.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on MNDI shares. Jefferies Financial Group reduced their target price 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. Deutsche Bank Aktiengesellschaft raised their price target on Mondi from GBX 760 to GBX 825 and gave the stock a “hold” rating in a research note on Monday, August 3rd. Citigroup lifted their price target 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. reduced their price objective 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 stock. According to data from MarketBeat, Mondi has a consensus rating of “Moderate Buy” and an average target price of GBX 937.50.

Mondi Company Profile

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.