John Menzies plc (LON:MNZS)’s share price hit a new 52-week low on Thursday . The company traded as low as GBX 515 ($6.73) and last traded at GBX 520 ($6.79), with a volume of 31207 shares traded. The stock had previously closed at GBX 524 ($6.85).

A number of brokerages have recently weighed in on MNZS. Berenberg Bank reaffirmed a “buy” rating on shares of John Menzies in a research report on Monday, July 30th. Peel Hunt reaffirmed a “buy” rating on shares of John Menzies in a research report on Thursday, October 11th. Finally, Numis Securities reaffirmed a “buy” rating and set a GBX 790 ($10.32) target price on shares of John Menzies in a research report on Tuesday, September 4th.

The company also recently announced a dividend, which will be paid on Friday, November 16th. Stockholders of record on Thursday, October 18th will be given a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, October 18th.

In related news, insider Silla Maizey purchased 1,715 shares of the firm’s stock in a transaction that occurred on Tuesday, September 11th. The stock was acquired at an average price of GBX 584 ($7.63) per share, for a total transaction of £10,015.60 ($13,087.16). Also, insider Philipp Joeinig purchased 305 shares of the firm’s stock in a transaction that occurred on Wednesday, September 26th. The shares were bought at an average price of GBX 553 ($7.23) per share, with a total value of £1,686.65 ($2,203.91).

John Menzies Company Profile (LON:MNZS)

John Menzies plc provides distribution and aviation services in the United Kingdom, the United States, and internationally. It operates through two segments, Distribution and Aviation. The Distribution segment offers newspaper and magazine distribution services. This segment also provides marketing and logistics services.

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