Mondi (LON:MNDI) Insider Andrew King Buys 18 Shares of Stock

Mondi plc (LON:MNDI) insider Andrew King bought 18 shares of the company’s stock in a transaction that occurred on Tuesday, October 7th. The shares were bought at an average price of GBX 871 per share, for a total transaction of £156.78.

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

• On Thursday, August 7th, Andrew King bought 15 shares of Mondi stock. The shares were bought at an average price of GBX 1,061 per share, for a total transaction of £159.15.

Mondi Stock Performance

MNDI opened at GBX 847.91 on Thursday. Mondi plc has a 52-week low of GBX 830.40 and a 52-week high of GBX 1,477.50. The firm has a market capitalization of £3.74 billion, a PE ratio of 1,962.75, a PEG ratio of 0.76 and a beta of 0.68. The company has a debt-to-equity ratio of 41.00, a quick ratio of 1.14 and a current ratio of 2.06. The business’s 50-day simple moving average is GBX 1,026.01 and its 200 day simple moving average is GBX 1,117.07.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MNDI shares. JPMorgan Chase & Co. dropped their price objective on Mondi from GBX 1,460 to GBX 1,240 and set an “overweight” rating on the stock in a research note on Monday, August 11th. Citigroup dropped their price objective on Mondi from GBX 1,530 to GBX 1,250 and set a “buy” rating on the stock in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Mondi currently has an average rating of “Buy” and a consensus price target of GBX 1,245.

About Mondi

Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper.