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Mondi plc ( (GB:MNDI) ) has issued an update.
Mondi plc announced a transaction involving the acquisition of 2,500 ordinary shares by Dreamworld Investments 435 (Pty) Ltd on behalf of Saki Macozoma, a Non-Executive Director. This transaction, conducted on the JSE Limited at a price of R203.30 per share, reflects active participation and investment by the company’s leadership, potentially indicating confidence in Mondi’s market position and future prospects.
The most recent analyst rating on (GB:MNDI) stock is a Hold with a £9.00 price target. To see the full list of analyst forecasts on Mondi plc stock, see the GB:MNDI Stock Forecast page.
Spark’s Take on GB:MNDI Stock
According to Spark, TipRanks’ AI Analyst, GB:MNDI is a Neutral.
Mondi plc’s overall stock score is driven by mixed financial performance and bearish technical indicators. Positive corporate events and a strong dividend yield provide some support, but high valuation metrics and declining profitability are concerns.
To see Spark’s full report on GB:MNDI stock, click here.
More about Mondi plc
Mondi plc is a company incorporated in England and Wales, operating in the packaging and paper industry. It is listed on the London Stock Exchange and Johannesburg Stock Exchange, focusing on the production and supply of packaging and paper solutions.
Average Trading Volume: 1,474,384
Technical Sentiment Signal: Sell
Current Market Cap: £3.87B
Learn more about MNDI stock on TipRanks’ Stock Analysis page.