D J. Jenkinson Sells 100,000 Shares of John Menzies plc (MNZS) Stock
John Menzies plc (LON:MNZS) insider D J. Jenkinson sold 100,000 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of GBX 702 ($9.06), for a total transaction of £702,000 ($906,157.22).
Shares of John Menzies plc (LON:MNZS) opened at 713.50 on Friday. The stock’s market capitalization is GBX 587.21 million. John Menzies plc has a one year low of GBX 439.10 and a one year high of GBX 714.00. The stock has a 50 day moving average of GBX 683.00 and a 200-day moving average of GBX 598.76.
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Several analysts have recently weighed in on the stock. Peel Hunt lifted their price objective on shares of John Menzies plc from GBX 607 ($7.84) to GBX 630 ($8.13) and gave the company an “add” rating in a research note on Tuesday, January 24th. Berenberg Bank restated a “buy” rating and set a GBX 660 ($8.52) price target on shares of John Menzies plc in a research note on Thursday, February 9th. Numis Securities Ltd restated a “buy” rating and set a GBX 650 ($8.39) price target on shares of John Menzies plc in a research note on Wednesday, March 8th. Finally, Shore Capital restated a “house stock” rating on shares of John Menzies plc in a research note on Friday, May 12th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of GBX 683.25 ($8.82).
About John Menzies plc
John Menzies plc provides time-critical logistics and support services. The Company operates through two segments: Distribution and Aviation. The Distribution segment provides newspaper and magazine distribution services along with marketing and logistics services across the United Kingdom and Ireland.
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