Mondi Plc (LON:MNDI) insider Carol Hunt purchased 18 shares of the business’s stock in a transaction dated Friday, October 7th. The stock was bought at an average price of GBX 1,686 ($20.87) per share, with a total value of £303.48 ($375.59).
Shares of Mondi Plc (LON:MNDI) opened at 1670.00 on Wednesday. The company has a 50 day moving average of GBX 1,609.33 and a 200 day moving average of GBX 1,440.71. Mondi Plc has a 52-week low of GBX 1,108.00 and a 52-week high of GBX 1,702.00. The firm’s market capitalization is GBX 8.08 billion.
Several equities analysts have weighed in on MNDI shares. Deutsche Bank AG restated a “buy” rating and set a GBX 1,700 ($21.04) target price on shares of Mondi Plc in a report on Tuesday, July 26th. Goodbody restated a “buy” rating on shares of Mondi Plc in a report on Thursday, August 4th. Jefferies Group restated a “buy” rating and set a GBX 1,800 ($22.28) target price on shares of Mondi Plc in a report on Tuesday, July 5th. Barclays PLC restated an “equal weight” rating and set a GBX 1,500 ($18.56) target price on shares of Mondi Plc in a report on Friday, August 5th. Finally, Goldman Sachs Group Inc. upgraded shares of Mondi Plc to a “neutral” rating and raised their target price for the company from GBX 1,250 ($15.47) to GBX 1,290 ($15.97) in a report on Friday, July 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of GBX 1,636.67 ($20.26).
About Mondi Plc
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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