The John Menzies plc (MNZS) Receives “Add” Rating from Peel Hunt

The John Menzies plc (MNZS) Receives “Add” Rating from Peel Hunt

Several other equities analysts also recently weighed in on the stock. Berenberg Bank lifted their price target on shares of John Menzies plc from GBX 660 ($8.48) to GBX 700 ($8.99) and gave the company a “buy” rating in a report on Thursday, March 16th. Numis Securities Ltd reissued a “buy” rating and issued a GBX 650 ($8.35) target price on shares of John Menzies plc in a report on Wednesday, March 8th. Finally, Shore Capital reissued a “house stock” rating on shares of John Menzies plc in a report on Friday, May 12th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 683.25 ($8.78).

John Menzies plc (LON:MNZS)‘s stock had its “add” rating reiterated by equities researchers at Peel Hunt in a report released on Monday. They presently have a GBX 758 ($9.74) price target on the stock. Peel Hunt’s target price suggests a potential upside of 5.20% from the company’s current price.

In other news, insider D J. Jenkinson sold 100,000 shares of the business’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of GBX 702 ($9.02), for a total value of £702,000 ($901,734.10). Also, insider Giles Wilson bought 3,394 shares of the stock in a transaction dated Friday, March 24th. The stock was bought at an average cost of GBX 636 ($8.17) per share, for a total transaction of £21,585.84 ($27,727.48). About John Menzies plc

John Menzies plc provides time-critical logistics and support services. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:MNZS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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