John Menzies plc (MNZS) Upgraded to “Add” at Peel Hunt
Peel Hunt upgraded shares of John Menzies plc (LON:MNZS) to an add rating in a report published on Thursday morning. Peel Hunt currently has GBX 649 ($8.03) price target on the stock, up from their prior price target of GBX 595 ($7.36).
Other equities research analysts also recently issued research reports about the company. Numis Securities Ltd downgraded John Menzies plc to an add rating and boosted their target price for the stock from GBX 600 ($7.43) to GBX 680 ($8.42) in a research report on Tuesday, August 16th. Shore Capital restated a house stock rating on shares of John Menzies plc in a research report on Tuesday, July 19th. Finally, N+1 Singer restated a hold rating and set a GBX 625 ($7.74) target price on shares of John Menzies plc in a research report on Friday, September 16th.
John Menzies plc (LON:MNZS) opened at 615.50 on Thursday. The stock’s 50 day moving average price is GBX 595.17 and its 200-day moving average price is GBX 549.54. The firm’s market capitalization is GBX 377.30 million. John Menzies plc has a one year low of GBX 357.50 and a one year high of GBX 634.20.
The business also recently disclosed a dividend, which will be paid on Friday, November 18th. Investors of record on Thursday, October 6th will be issued a GBX 5.40 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a yield of 0.89%.
John Menzies plc Company Profile
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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