Andrew King Acquires 9 Shares of Mondi plc (MNDI) Stock

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

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

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

Shares of Mondi plc (MNDI) opened at GBX 1,692.18 ($22.77) on Friday. Mondi plc has a 52-week low of GBX 1,529.97 ($20.59) and a 52-week high of GBX 2,145 ($28.87).

Several research analysts recently issued reports on the company. Deutsche Bank reissued a “hold” rating and issued a GBX 2,150 ($28.94) price objective on shares of Mondi in a research note on Wednesday, October 18th. Jefferies Group reissued a “buy” rating and issued a GBX 2,300 ($30.96) price objective on shares of Mondi in a research note on Monday, November 27th. Goldman Sachs Group increased their price objective on Mondi from GBX 2,100 ($28.26) to GBX 2,200 ($29.61) and gave the stock a “neutral” rating in a research note on Tuesday, September 12th. J P Morgan Chase & Co dropped their price objective on Mondi from GBX 2,240 ($30.15) to GBX 2,150 ($28.94) and set an “overweight” rating on the stock in a research note on Monday, October 30th. Finally, Credit Suisse Group dropped their price objective on Mondi from GBX 2,265 ($30.48) to GBX 2,220 ($29.88) and set a “neutral” rating on the stock in a research note on Friday, October 13th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Mondi has a consensus rating of “Hold” and an average price target of GBX 2,196.25 ($29.56).

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Mondi 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.

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

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