Shore Capital Reiterates “Buy” Rating for John Menzies plc (MNZS)
John Menzies plc (LON:MNZS)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital in a report released on Thursday.
Several other research firms also recently weighed in on MNZS. Numis Securities Ltd reissued a “buy” rating and set a GBX 860 ($11.31) target price on shares of John Menzies plc in a research report on Tuesday, August 15th. Peel Hunt reissued an “add” rating and set a GBX 758 ($9.97) target price on shares of John Menzies plc in a research report on Monday, August 14th. Finally, Berenberg Bank boosted their target price on John Menzies plc from GBX 700 ($9.21) to GBX 800 ($10.52) and gave the company a “buy” rating in a research report on Thursday, August 24th.
John Menzies plc (LON MNZS) opened at GBX 680 ($8.94) on Thursday. John Menzies plc has a 12-month low of GBX 489.38 ($6.44) and a 12-month high of GBX 750 ($9.86).
In other John Menzies plc news, insider Philipp Joeinig acquired 20,000 shares of the business’s stock in a transaction on Friday, August 25th. The shares were bought at an average price of GBX 700 ($9.21) per share, with a total value of £140,000 ($184,137.84).
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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