John Menzies plc’s Buy Rating Reiterated at Liberum Capital (MNZS)
John Menzies plc (LON:MNZS)‘s stock had its “buy” rating reissued by investment analysts at Liberum Capital in a note issued to investors on Friday. They currently have a GBX 730 ($12.11) price objective on the stock. Liberum Capital’s target price indicates a potential upside of 18.70% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at N+1 Singer reiterated a “corporate” rating on shares of John Menzies plc in a research note on Friday. Separately, analysts at Peel Hunt reiterated a “hold” rating on shares of John Menzies plc in a research note on Thursday, August 28th. They now have a GBX 660 ($10.95) price target on the stock. Finally, 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 ($12.63) price target on the stock. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 759.60 ($12.61).
John Menzies plc (LON:MNZS) opened at 604.75 on Friday. John Menzies plc has a 1-year low of GBX 596.50 and a 1-year high of GBX 841.50. The stock’s 50-day moving average is GBX 637.5 and its 200-day moving average is GBX 658.. The company’s market cap is £370.0 million.
The company also recently declared a dividend, which is scheduled for Friday, November 21st. Investors 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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