John Menzies plc’s (MNZS) “Add” Rating Reaffirmed at Peel Hunt
A number of other equities research analysts also recently commented on MNZS. Numis Securities Ltd downgraded shares of John Menzies plc to an add rating and raised their price objective for the company from GBX 600 ($7.50) to GBX 680 ($8.50) in a research report on Tuesday, August 16th. N+1 Singer restated a hold rating and issued a GBX 625 ($7.81) price objective on shares of John Menzies plc in a research report on Friday, September 16th.
John Menzies plc (LON:MNZS) traded up 0.58% during midday trading on Wednesday, hitting GBX 521.00. The stock had a trading volume of 15,905 shares. The stock has a 50-day moving average price of GBX 511.95 and a 200 day moving average price of GBX 550.31. John Menzies plc has a 12-month low of GBX 360.25 and a 12-month high of GBX 634.20. The firm’s market cap is GBX 319.37 million.
In related news, insider Geoff Eaton purchased 4,000 shares of John Menzies plc stock in a transaction dated Monday, November 14th. The stock was bought at an average cost of GBX 495 ($6.18) per share, for a total transaction of £19,800 ($24,737.63).
About John Menzies plc
John Menzies plc provides support services in various markets. The Company operates through two segments: Distribution and Aviation. The Distribution segment provides newspaper and magazine distribution services along with marketing and logistics services across the United Kingdom and Ireland. The Aviation segment provides cargo and passenger ground handling services across the world.
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