Mondi (LON:MNDI) Insider Angela Strank Purchases 1,141 Shares

Key Points

• Angela Strank, an insider at Mondi, purchased 1,141 shares at an average price of GBX 869, totaling £9,915.29.
• Mondi shares declined 3.5% to GBX 824.20, marking a 12-month low.
• Analysts have reduced price targets for Mondi, with a consensus rating of "Buy" and a new target of GBX 1,296.67.

Mondi plc (LON:MNDI - Get Free Report) insider Angela Strank bought 1,141 shares of Mondi stock in a transaction dated Thursday, October 9th. The stock was purchased at an average price of GBX 869 per share, with a total value of £9,915.29.

Mondi Stock Down 3.5%

Shares of LON MNDI traded down GBX 30.20 during trading on Friday, hitting GBX 824.20. The stock had a trading volume of 4,388,822 shares, compared to its average volume of 5,837,625. Mondi plc has a 12 month low of GBX 824.20 and a 12 month high of GBX 1,477.50. The company has a debt-to-equity ratio of 41.00, a current ratio of 2.06 and a quick ratio of 1.14. The company has a market capitalization of £3.63 billion, a PE ratio of 1,907.87, a PEG ratio of 0.76 and a beta of 0.68. The firm has a fifty day moving average of GBX 1,022.55 and a two-hundred day moving average of GBX 1,114.61.

Analyst Ratings Changes

MNDI has been the subject of several research reports. Citigroup reduced their price target on shares of Mondi from GBX 1,530 to GBX 1,250 and set a "buy" rating for the company in a research report on Tuesday. JPMorgan Chase & Co. reduced 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 research report on Monday, August 11th. Finally, Jefferies Financial Group reduced their price target on shares of Mondi from GBX 1,700 to GBX 1,400 and set a "buy" rating for the company in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of GBX 1,296.67.

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.

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