John Menzies (LON:MNZS)‘s stock had its “add” rating restated by investment analysts at Peel Hunt in a research note issued to investors on Friday, January 5th. They presently have a GBX 758 ($10.28) target price on the stock. Peel Hunt’s price target indicates a potential upside of 8.29% from the stock’s current price.
A number of other brokerages have also commented on MNZS. Shore Capital reaffirmed a “buy” rating on shares of John Menzies in a report on Thursday, November 23rd. Numis Securities reissued a “buy” rating and set a GBX 860 ($11.66) target price on shares of John Menzies in a report on Thursday, November 23rd.
Shares of John Menzies (LON:MNZS) traded down GBX 4 ($0.05) during trading on Friday, hitting GBX 700 ($9.49). The stock had a trading volume of 54,753 shares, compared to its average volume of 42,687. John Menzies has a one year low of GBX 570 ($7.73) and a one year high of GBX 750 ($10.17). The company has a market cap of $584.01 and a PE ratio of 8,750.00.
In other news, insider Forsyth Black bought 732 shares of the company’s stock in a transaction on Friday, December 1st. The stock was purchased at an average cost of GBX 437 ($5.93) per share, for a total transaction of £3,198.84 ($4,338.00).
COPYRIGHT VIOLATION WARNING: This article was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this article on another site, it was stolen and reposted in violation of US & international copyright & trademark law. The legal version of this article can be viewed at https://www.dispatchtribunal.com/2018/01/13/john-menzies-mnzs-add-rating-reaffirmed-at-peel-hunt.html.
John Menzies Company Profile
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.
Receive News & Ratings for John Menzies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Menzies and related companies with MarketBeat.com's FREE daily email newsletter.