Mondi Plc (LON:MNDI) insider Carol Hunt purchased 18 shares of the business’s stock in a transaction on Friday, October 7th. The stock was bought at an average cost of GBX 1,686 ($20.87) per share, with a total value of £303.48 ($375.59).
Mondi Plc (LON:MNDI) opened at 1656.00 on Thursday. The company’s market capitalization is GBX 8.02 billion. The firm has a 50-day moving average of GBX 1,611.25 and a 200 day moving average of GBX 1,442.23. Mondi Plc has a one year low of GBX 1,108.00 and a one year high of GBX 1,702.00.
A number of equities research analysts have recently weighed in on MNDI shares. Goldman Sachs Group Inc. lowered shares of Mondi Plc to a “sell” rating and boosted their price objective for the stock from GBX 1,325 ($16.40) to GBX 1,400 ($17.33) in a report on Friday, September 2nd. Credit Suisse Group AG restated an “outperform” rating and issued a GBX 1,880 ($23.27) price objective on shares of Mondi Plc in a report on Tuesday, August 30th. Citigroup Inc. restated a “neutral” rating and issued a GBX 1,650 ($20.42) price objective on shares of Mondi Plc in a report on Tuesday, August 23rd. Jefferies Group restated a “buy” rating and issued a GBX 1,800 ($22.28) price objective on shares of Mondi Plc in a report on Monday, September 12th. Finally, Deutsche Bank AG restated a “buy” rating and issued a GBX 1,700 ($21.04) price objective on shares of Mondi Plc in a report on Friday, August 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 1,636.67 ($20.26).
Mondi Plc Company Profile
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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