Berenberg Bank Raises John Menzies plc (MNZS) Price Target to GBX 700
John Menzies plc (LON:MNZS) had its target price lifted by Berenberg Bank from GBX 660 ($8.15) to GBX 700 ($8.65) in a report released on Thursday morning. Berenberg Bank currently has a buy rating on the stock.
Other equities research analysts also recently issued research reports about the company. Peel Hunt restated an add rating and set a GBX 630 ($7.78) target price on shares of John Menzies plc in a research report on Wednesday, March 8th. Numis Securities Ltd restated an under review rating on shares of John Menzies plc in a research report on Wednesday, November 23rd. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of GBX 651.25 ($8.04).
Shares of John Menzies plc (LON:MNZS) opened at 626.00 on Thursday. John Menzies plc has a 12 month low of GBX 406.76 and a 12 month high of GBX 626.00. The firm’s market capitalization is GBX 515.20 million. The firm’s 50-day moving average price is GBX 597.58 and its 200-day moving average price is GBX 553.08.
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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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