John Menzies plc (MNZS) Earns Buy Rating from Numis Securities Ltd

Numis Securities Ltd reaffirmed their buy rating on shares of John Menzies plc (LON:MNZS) in a research note published on Tuesday. The firm currently has a GBX 860 ($11.16) price target on the stock.

Several other equities analysts also recently issued reports on MNZS. Berenberg Bank reissued a buy rating and set a GBX 700 ($9.09) price target on shares of John Menzies plc in a report on Tuesday, April 25th. Peel Hunt boosted their price target on shares of John Menzies plc from GBX 630 ($8.18) to GBX 758 ($9.84) and gave the company an add rating in a report on Friday, May 12th. Finally, Shore Capital reissued a house stock rating on shares of John Menzies plc in a report on Friday, May 12th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. John Menzies plc presently has an average rating of Buy and an average target price of GBX 735.75 ($9.55).

John Menzies plc (MNZS) opened at 705.50 on Tuesday. The stock’s market cap is GBX 588.39 million. John Menzies plc has a 12 month low of GBX 459.63 and a 12 month high of GBX 732.00. The firm’s 50-day moving average is GBX 699.43 and its 200-day moving average is GBX 669.90.

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The business also recently disclosed a dividend, which will be paid on Friday, November 17th. Investors of record on Thursday, October 19th will be paid a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, October 19th.

John Menzies plc 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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