Numis Securities Reiterates Buy Rating for John Menzies (MNZS)

John Menzies (LON:MNZS)‘s stock had its “buy” rating restated by analysts at Numis Securities in a report issued on Tuesday. They currently have a GBX 860 ($11.88) price objective on the stock. Numis Securities’ price target suggests a potential upside of 28.98% from the stock’s current price.

A number of other brokerages have also recently weighed in on MNZS. Peel Hunt upgraded John Menzies to a “buy” rating and upped their price objective for the stock from GBX 758 ($10.47) to GBX 809 ($11.18) in a research note on Tuesday, January 23rd. Shore Capital restated a “buy” rating on shares of John Menzies in a research note on Thursday, November 23rd.

Shares of John Menzies (LON:MNZS) opened at GBX 666.76 ($9.21) on Tuesday. The firm has a market capitalization of $558.36 and a price-to-earnings ratio of 6,061.45. John Menzies has a 12 month low of GBX 607 ($8.39) and a 12 month high of GBX 750 ($10.36).

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About John Menzies

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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