John Menzies Receives “Buy” Rating from Liberum Capital (MNZS)
John Menzies (LON:MNZS)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a report issued on Thursday, AnalystRatings.NET reports. They currently have a GBX 847 ($13.92) price objective on the stock. Liberum Capital’s target price would indicate a potential upside of 24.01% from the stock’s previous close.
A number of other firms have also recently commented on MNZS. Analysts at Panmure Gordon cut their price target on shares of John Menzies from GBX 877 ($14.41) to GBX 840 ($13.80) in a research note to investors on Thursday, January 30th. They now have a “buy” rating on the stock. Analysts at JPMorgan Chase & Co. downgraded shares of John Menzies to a “neutral” rating in a research note to investors on Wednesday, November 13th. They now have a GBX 807 ($13.26) price target on the stock, down previously from GBX 884 ($14.53). Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 832 ($13.67).
John Menzies (LON:MNZS) traded up 0.59% on Thursday, hitting GBX 683.00. 127,349 shares of the company’s stock traded hands. John Menzies has a one year low of GBX 659.575 and a one year high of GBX 841.50. The stock’s 50-day moving average is GBX 709. and its 200-day moving average is GBX 760.1. The company’s market cap is £413.5 million.
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.