John Menzies plc (LON:MNZS) shares reached a new 52-week low during trading on Monday . The company traded as low as GBX 563 ($7.33) and last traded at GBX 563 ($7.33), with a volume of 62229 shares changing hands. The stock had previously closed at GBX 572 ($7.45).

A number of research analysts have commented on MNZS shares. Numis Securities reissued a “buy” rating and set a GBX 790 ($10.29) target price on shares of John Menzies in a research report on Tuesday, September 4th. Peel Hunt restated a “buy” rating on shares of John Menzies in a report on Friday, June 1st. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 800 ($10.42) price target on shares of John Menzies in a report on Tuesday, August 14th.

The company also recently declared a dividend, which will be paid on Friday, November 16th. Stockholders of record on Thursday, October 18th will be issued a GBX 6 ($0.08) dividend. This represents a dividend yield of 0.93%. The ex-dividend date is Thursday, October 18th.

In other news, insider Silla Maizey purchased 1,715 shares of the stock in a transaction dated Tuesday, September 11th. The shares were acquired at an average cost of GBX 584 ($7.61) per share, for a total transaction of £10,015.60 ($13,046.24).

About John Menzies (LON:MNZS)

John Menzies plc provides distribution and aviation services in the United Kingdom, the United States, and internationally. It operates through two segments, Distribution and Aviation. The Distribution segment offers newspaper and magazine distribution services. This segment also provides marketing and logistics services.

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