Mondi Plc (LON:MNDI) Insider Andrew King Acquires 8 Shares
Mondi Plc (LON:MNDI) insider Andrew King bought 8 shares of Mondi Plc stock in a transaction on Monday, August 7th. The shares were bought at an average cost of GBX 1,992 ($25.94) per share, with a total value of £159.36 ($207.53).
Andrew King also recently made the following trade(s):
- On Friday, July 7th, Andrew King bought 7 shares of Mondi Plc stock. The shares were bought at an average cost of GBX 1,983 ($25.82) per share, with a total value of £138.81 ($180.77).
Mondi Plc (MNDI) traded up 0.55% during trading on Tuesday, hitting GBX 2005.00. The stock had a trading volume of 1,077,224 shares. The stock’s market cap is GBX 9.71 billion. Mondi Plc has a 12 month low of GBX 1,404.00 and a 12 month high of GBX 2,121.00. The stock has a 50 day moving average price of GBX 2,025.72 and a 200-day moving average price of GBX 1,956.20.
A number of analysts have recently issued reports on the company. Deutsche Bank AG reiterated a “buy” rating and set a GBX 2,300 ($29.95) price target on shares of Mondi Plc in a research report on Monday. J P Morgan Chase & Co reiterated an “overweight” rating on shares of Mondi Plc in a research report on Friday. Jefferies Group LLC lifted their price target on Mondi Plc from GBX 2,250 ($29.30) to GBX 2,300 ($29.95) and gave the company a “buy” rating in a research report on Tuesday, July 18th. Credit Suisse Group reiterated a “neutral” rating and set a GBX 2,135 ($27.80) price target on shares of Mondi Plc in a research report on Tuesday, May 30th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and set a GBX 2,000 ($26.05) price target on shares of Mondi Plc in a research report on Monday, April 24th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 2,094.38 ($27.27).
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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