Mondi plc (LON:MNDI) insider Andrew King acquired 9 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was acquired at an average cost of GBX 1,705 ($22.95) per share, with a total value of £153.45 ($206.53).

Andrew King also recently made the following trade(s):

  • On Tuesday, November 7th, Andrew King acquired 8 shares of Mondi stock. The stock was acquired at an average cost of GBX 1,829 ($24.62) per share, with a total value of £146.32 ($196.93).
  • On Friday, October 6th, Andrew King acquired 7 shares of Mondi stock. The stock was acquired at an average cost of GBX 2,132 ($28.69) per share, with a total value of £149.24 ($200.86).

Mondi plc (LON MNDI) traded down GBX 4.46 ($0.06) during midday trading on Friday, reaching GBX 1,698 ($22.85). 1,160,325 shares of the company’s stock traded hands, compared to its average volume of 1,740,000. Mondi plc has a fifty-two week low of GBX 1,529.97 ($20.59) and a fifty-two week high of GBX 2,145 ($28.87).

MNDI has been the subject of several analyst reports. J P Morgan Chase & Co cut their price objective on shares of Mondi from GBX 2,300 ($30.96) to GBX 2,240 ($30.15) and set an “overweight” rating for the company in a report on Friday, September 29th. Deutsche Bank downgraded shares of Mondi to a “hold” rating and cut their price objective for the stock from GBX 2,300 ($30.96) to GBX 2,150 ($28.94) in a report on Thursday, October 12th. Citigroup reiterated a “neutral” rating and issued a GBX 2,480 ($33.38) target price on shares of Mondi in a research note on Thursday, October 12th. Credit Suisse Group reiterated a “neutral” rating and issued a GBX 2,220 ($29.88) target price on shares of Mondi in a research note on Wednesday, November 29th. Finally, Jefferies Group reiterated a “buy” rating and issued a GBX 2,300 ($30.96) target price on shares of Mondi in a research note on Monday, October 23rd. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 2,196.25 ($29.56).

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About Mondi

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 (LON:MNDI)

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