John Menzies plc (MNZS) Stock Rating Reaffirmed by N+1 Singer
N+1 Singer reiterated their hold rating on shares of John Menzies plc (LON:MNZS) in a research note published on Friday morning. N+1 Singer currently has a GBX 625 ($8.16) price objective on the stock.
Several other research analysts also recently issued reports on MNZS. Peel Hunt restated a hold rating and set a GBX 482 ($6.29) price objective on shares of John Menzies plc in a research report on Friday, May 27th. Shore Capital restated a house stock rating on shares of John Menzies plc in a research report on Tuesday, May 31st. Finally, Numis Securities Ltd downgraded John Menzies plc to an add rating and lifted their price objective for the stock from GBX 600 ($7.83) to GBX 680 ($8.88) in a research report on Tuesday, August 16th.
Shares of John Menzies plc (LON:MNZS) opened at 592.00 on Friday. The firm’s market capitalization is GBX 362.89 million. John Menzies plc has a 52 week low of GBX 357.50 and a 52 week high of GBX 634.20. The stock has a 50 day moving average price of GBX 597.43 and a 200 day moving average price of GBX 536.31.
The company also recently announced a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, October 6th will be paid a GBX 5.40 ($0.07) dividend. The ex-dividend date is Thursday, October 6th. This represents a yield of 0.89%.
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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