Mondi (LON:MNDI) Insider Purchases £148.58 in Stock

Mondi plc (LON:MNDI) insider Mike Powell acquired 17 shares of Mondi stock in a transaction that occurred on Friday, December 5th. The shares were purchased at an average price of GBX 874 per share, with a total value of £148.58.

Mike Powell also recently made the following trade(s):

• On Friday, November 7th, Mike Powell acquired 18 shares of Mondi stock. The stock was acquired at an average cost of GBX 815 per share, for a total transaction of £146.70.
• On Tuesday, October 7th, Mike Powell bought 18 shares of Mondi stock. The shares were acquired at an average price of GBX 871 per share, with a total value of £156.78.
• On Tuesday, October 7th, Mike Powell bought 10,000 shares of Mondi stock. The shares were acquired at an average cost of GBX 874 per share, with a total value of £87,400.

Mondi Stock Down 0.1%

MNDI opened at GBX 863.64 on Thursday. The firm’s 50 day simple moving average is GBX 853.51 and its two-hundred day simple moving average is GBX 1,024.67. The company has a market capitalization of £3.80 billion, a PE ratio of 19.99, a PEG ratio of 0.76 and a beta of 0.68. Mondi plc has a 1-year low of GBX 801.60 and a 1-year high of GBX 1,338. The company has a current ratio of 2.06, a quick ratio of 1.14 and a debt-to-equity ratio of 41.00.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MNDI shares. JPMorgan Chase & Co. boosted their price target on Mondi from GBX 840 to GBX 970 and gave the company a “neutral” rating in a report on Friday, December 5th. Citigroup cut their price objective on Mondi from GBX 1,530 to GBX 1,250 and set a “buy” rating for the company in a research note on Tuesday, October 7th. Finally, Jefferies Financial Group decreased their target price on shares of Mondi from GBX 1,700 to GBX 1,400 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,206.67.

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.