John Menzies’ (MNZS) Buy Rating Reiterated at Peel Hunt

John Menzies (LON:MNZS)‘s stock had its “buy” rating reiterated by Peel Hunt in a research report issued to clients and investors on Friday.

Separately, Numis Securities reissued a “buy” rating and set a GBX 860 ($12.07) price objective on shares of John Menzies in a report on Tuesday, March 13th.

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Shares of John Menzies stock opened at GBX 645 ($9.05) on Friday. John Menzies has a fifty-two week low of GBX 607 ($8.52) and a fifty-two week high of GBX 750 ($10.53).

In other John Menzies news, insider Giles Wilson sold 10,710 shares of the stock in a transaction dated Monday, March 19th. The shares were sold at an average price of GBX 650 ($9.12), for a total transaction of £69,615 ($97,718.98). Also, insider Philipp Joeinig acquired 30,000 shares of the company’s stock in a transaction on Wednesday, March 21st. The shares were bought at an average cost of GBX 649 ($9.11) per share, with a total value of £194,700 ($273,301.52).

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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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