Peel Hunt Reiterates Hold Rating for John Menzies plc (MNZS)
John Menzies plc (LON:MNZS)‘s stock had its “hold” rating restated by analysts at Peel Hunt in a research report issued to clients and investors on Thursday. They currently have a GBX 660 ($10.92) target price on the stock. Peel Hunt’s price target indicates a potential upside of 8.18% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of John Menzies plc in a research note on Tuesday, August 19th. They now have a GBX 847 ($14.02) 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 Tuesday, August 19th. They now have a GBX 761 ($12.59) 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 Tuesday, August 19th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 783 ($12.96).
John Menzies plc (LON:MNZS) opened at 609.80 on Thursday. John Menzies plc has a 52 week low of GBX 596.50 and a 52 week high of GBX 841.50. The stock has a 50-day moving average of GBX 647.3 and a 200-day moving average of GBX 661.0. The company’s market cap is £373.1 million.
The company also recently declared a dividend, which is scheduled for Friday, November 21st. Stockholders of record on Thursday, October 23rd will be given a dividend of GBX 8.10 ($0.13) per share. This represents a yield of 1.3%. The ex-dividend date of this dividend is Thursday, October 23rd.
John Menzies PLC is a United Kingdom-based company operates in two divisions: Distribution and Aviation.
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