John Menzies (MNZS) Earns Add Rating from Peel Hunt

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).

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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.

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