Insider Buying: Mondi Plc (MNDI) Insider Acquires 1,172 Shares of Stock
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.
TRADEMARK VIOLATION NOTICE: “Insider Buying: Mondi Plc (MNDI) Insider Acquires 1,172 Shares of Stock” was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/10/11/insider-buying-mondi-plc-mndi-insider-acquires-1172-shares-of-stock.html.
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.
Receive News & Ratings for Mondi Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondi Plc and related companies with MarketBeat.com's FREE daily email newsletter.