Mondi (LON:MNDI) Shares Up 13.1% – Here’s What Happened

Shares of Mondi plc (LON:MNDIGet Free Report) traded up 13.1% during mid-day trading on Thursday . The stock traded as high as GBX 912 and last traded at GBX 875.60. Approximately 4,808,216 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 12,384,269 shares. The stock had previously closed at GBX 774.52.

Mondi News Roundup

Here are the key news stories impacting Mondi this week:

  • Positive Sentiment: Mondi beat second-quarter earnings forecasts, while lowering its capital-spending outlook. The reduced investment requirement may support cash flow and strengthens the case for improved returns. Mondi Beats Second-Quarter Earnings Forecasts and Lowers Capital Spending Outlook
  • Positive Sentiment: Management indicated that recent price increases and cost-cutting measures should drive stronger profits in the second half, providing a positive outlook despite difficult current trading conditions. Mondi Shares Surge as Price Hikes and Cost Cuts to Drive Second-Half Profits
  • Positive Sentiment: Jefferies retained a buy rating, suggesting it continues to see long-term upside in Mondi, although it reduced its price target from GBX 1,100 to GBX 1,085. Jefferies broker view
  • Neutral Sentiment: Mondi declared a 2026 interim dividend of 9.42 euro cents per ordinary share and set the applicable currency terms for UK and South African shareholders. Mondi sets currency terms for 2026 interim dividend
  • Negative Sentiment: Mondi reported an interim loss, reflecting low product prices and high input costs. The results highlight ongoing pressure on margins even as management expects conditions to improve. Mondi Shares Rise Despite Interim Loss
  • Negative Sentiment: JPMorgan lowered its price target from GBX 840 to GBX 800 and moved to a neutral rating, signaling limited near-term upside at current levels. JPMorgan broker view

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MNDI. Jefferies Financial Group dropped their price target on Mondi from GBX 1,100 to GBX 1,085 and set a “buy” rating for the company in a research note on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 760 price objective on shares of Mondi in a research note on Monday, May 11th. Citigroup lowered their target price on Mondi from GBX 1,000 to GBX 940 and set a “buy” rating for the company in a research report on Tuesday, April 28th. Finally, JPMorgan Chase & Co. cut their target price on shares of Mondi from GBX 840 to GBX 800 and set a “neutral” rating for the company in a report on Friday. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 896.25.

Read Our Latest Stock Analysis on MNDI

Mondi Price Performance

The firm’s 50-day moving average price is GBX 733.04 and its 200-day moving average price is GBX 806.52. The company has a current ratio of 1.55, a quick ratio of 1.14 and a debt-to-equity ratio of 62.05. The stock has a market capitalization of £3.93 billion, a PE ratio of 23.86, a PEG ratio of 0.76 and a beta of 0.58.

Insider Activity at Mondi

In related news, insider Andrew King acquired 42 shares of Mondi stock in a transaction on Tuesday, July 7th. The shares were bought at an average cost of GBX 710 per share, with a total value of £298.20. Also, insider Mike Powell acquired 42 shares of the firm’s stock in a transaction on Tuesday, July 7th. The shares were bought at an average price of GBX 710 per share, for a total transaction of £298.20. Insiders have acquired 162 shares of company stock worth $119,590 over the last three months. 0.20% of the stock is currently owned by insiders.

Mondi Company Profile

(Get Free Report)

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. The Corrugated Packaging segment provides virgin and recycled containerboards for fresh fruit packaging and heavy and fragile goods transport packaging applications; and corrugated solutions, such as corrugated boxes and packaging products.

Further Reading

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