Mondi (LON:MNDI) Insider Purchases £146.70 in Stock

Mondi plc (LON:MNDI - Get Free Report) insider Mike Powell bought 18 shares of the business's stock in a transaction dated Friday, November 7th. The stock was bought at an average cost of GBX 815 per share, for a total transaction of £146.70.

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

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

Mondi Stock Performance

Shares of MNDI stock opened at GBX 822.87 on Tuesday. The company has a market capitalization of £3.63 billion, a price-to-earnings ratio of 19.05, a price-to-earnings-growth ratio of 0.76 and a beta of 0.68. The company has a debt-to-equity ratio of 41.00, a quick ratio of 1.14 and a current ratio of 2.06. Mondi plc has a one year low of GBX 801.60 and a one year high of GBX 1,338. The company's 50-day moving average is GBX 923.59 and its 200 day moving average is GBX 1,072.81.

Wall Street Analysts Forecast Growth

MNDI has been the subject of several analyst reports. Jefferies Financial Group reduced their price target on shares of Mondi from GBX 1,700 to GBX 1,400 and set a "buy" rating for the company in a research report on Wednesday, October 8th. Citigroup cut their target price on Mondi from GBX 1,530 to GBX 1,250 and set a "buy" rating on the stock in a research note on Tuesday, October 7th. Finally, JPMorgan Chase & Co. decreased their price target on Mondi from GBX 1,180 to GBX 840 and set a "neutral" rating for the company in a research note on Monday, October 20th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, Mondi currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,163.33.

Get Our Latest Stock Report on Mondi

About Mondi

(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.

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