Svein Richard Brandtzaeg Buys 1,000 Shares of Mondi (LON:MNDI) Stock

Mondi plc (LON:MNDI) insider Svein Richard Brandtzaeg purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, October 7th. The stock was bought at an average cost of GBX 876 per share, with a total value of £8,760.

Mondi Trading Up 1.3%

LON MNDI opened at GBX 847.91 on Thursday. The company has a fifty day simple moving average of GBX 1,026.01 and a two-hundred day simple moving average of GBX 1,117.07. The stock has a market cap of £3.74 billion, a P/E ratio of 1,962.75, a P/E/G ratio of 0.76 and a beta of 0.68. Mondi plc has a 12-month low of GBX 830.40 and a 12-month high of GBX 1,477.50. The company has a current ratio of 2.06, a quick ratio of 1.14 and a debt-to-equity ratio of 41.00.

Analyst Ratings Changes

MNDI has been the subject of a number of research analyst reports. JPMorgan Chase & Co. decreased their price target on shares of Mondi from GBX 1,460 to GBX 1,240 and set an “overweight” rating for the company in a report on Monday, August 11th. Citigroup cut their price objective on shares of Mondi from GBX 1,530 to GBX 1,250 and set a “buy” rating on the stock in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price 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.