John Menzies Rating Reiterated by Panmure Gordon (MNZS)
John Menzies (LON:MNZS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Panmure Gordon in a research note issued to investors on Monday, Stock Ratings Network reports. They currently have a GBX 877 ($14.05) price objective on the stock. Panmure Gordon’s target price would suggest a potential upside of 13.31% from the stock’s previous close.
John Menzies (LON:MNZS) opened at 790.00 on Monday. John Menzies has a 52 week low of GBX 567.88 and a 52 week high of GBX 814.50. The stock has a 50-day moving average of GBX 765.3 and a 200-day moving average of GBX 739.2. The company’s market cap is £478.3 million.
A number of other analysts have also recently weighed in on MNZS. Analysts at N+1 Singer reiterated a “corporate” rating on shares of John Menzies (LON:MNZS) in a research note to investors on Friday. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of John Menzies (LON:MNZS) in a research note to investors on Wednesday, August 21st. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of John Menzies (LON:MNZS) in a research note to investors on Tuesday, August 20th. They now have a GBX 834 ($13.36) price target on the stock.
Five research analysts have rated the stock with a buy rating, John Menzies currently has a consensus rating of “Buy” and an average price target of GBX 852.67 ($13.66).
John Menzies PLC operates in two divisions: Menzies Aviation and Menzies Distribution. The Distribution segment provides newspaper and magazine distribution services across the United Kingdom along with marketing services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.