Liberum Capital Reiterates Buy Rating for John Menzies plc (MNZS)
John Menzies plc (LON:MNZS)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research note issued to investors on Monday. They currently have a GBX 847 ($14.21) target price on the stock. Liberum Capital’s price objective points to a potential upside of 29.21% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of John Menzies plc in a research note on Friday, May 16th. They now have a GBX 840 ($14.09) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of John Menzies plc in a research note on Friday, May 16th. They now have a GBX 761 ($12.77) price target on the stock. Finally, analysts at N+1 Singer reiterated a “corporate” rating on shares of John Menzies plc in a research note on Friday, May 16th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of GBX 813.75 ($13.65).
Shares of John Menzies plc (LON:MNZS) traded up 1.37% on Monday, hitting GBX 664.5006. The stock had a trading volume of 33,851 shares. John Menzies plc has a 1-year low of GBX 613.00 and a 1-year high of GBX 841.50. The stock’s 50-day moving average is GBX 661.5 and its 200-day moving average is GBX 666.6. The company’s market cap is £403.7 million.
John Menzies PLC is a United Kingdom-based company operates in two divisions: Distribution and Aviation.
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