Mondi Plc (LON:MNDI) insider Peter Oswald acquired 1,172 shares of Mondi Plc stock in a transaction on Wednesday, October 11th. The shares were bought at an average cost of GBX 1,925 ($25.31) per share, with a total value of £22,561 ($29,662.11).

Shares of Mondi Plc (LON MNDI) traded down 7.80% during midday trading on Wednesday, hitting GBX 1926.00. 4,903,293 shares of the stock were exchanged. The firm’s market capitalization is GBX 9.33 billion. Mondi Plc has a 1-year low of GBX 1,495.00 and a 1-year high of GBX 2,145.00. The stock’s 50-day moving average price is GBX 2,063.56 and its 200-day moving average price is GBX 2,024.47.

The company also recently disclosed a dividend, which was paid on Tuesday, September 19th. Investors of record on Thursday, August 24th were issued a €0.19 ($0.22) dividend. This represents a yield of 0.87%. The ex-dividend date was Thursday, August 24th.

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A number of equities analysts have commented on MNDI shares. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 2,200 ($28.92) price objective on shares of Mondi Plc in a research report on Wednesday, June 14th. J P Morgan Chase & Co lifted their price objective on shares of Mondi Plc from GBX 2,080 ($27.35) to GBX 2,300 ($30.24) and gave the stock an “overweight” rating in a research report on Friday, June 23rd. Jefferies Group LLC lifted their price objective on shares of Mondi Plc from GBX 2,250 ($29.58) to GBX 2,300 ($30.24) and gave the stock a “buy” rating in a research report on Tuesday, July 18th. Finally, Goldman Sachs Group, Inc. (The) lifted their price objective on shares of Mondi Plc from GBX 2,100 ($27.61) to GBX 2,200 ($28.92) and gave the stock a “neutral” rating in a research report on Tuesday, September 12th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of GBX 2,177.86 ($28.63).

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.

Insider Buying and Selling by Quarter for Mondi Plc (LON:MNDI)

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