Shore Capital Reaffirms “house stock” Rating for John Menzies plc (MNZS)
John Menzies plc (LON:MNZS)‘s stock had its “house stock” rating reiterated by stock analysts at Shore Capital in a report released on Friday.
Other research analysts also recently issued reports about the company. Numis Securities Ltd reaffirmed a “not rated” rating on shares of John Menzies plc in a report on Tuesday. Peel Hunt reaffirmed an “add” rating and set a GBX 758 ($9.79) price target on shares of John Menzies plc in a report on Monday. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 700 ($9.05) price target on shares of John Menzies plc in a report on Tuesday, April 25th. Two analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 683.25 ($8.83).
Shares of John Menzies plc (MNZS) traded up 0.14% during trading on Friday, reaching GBX 726.00. 51,810 shares of the company were exchanged. John Menzies plc has a one year low of GBX 450.63 and a one year high of GBX 732.00. The company’s market capitalization is GBX 597.50 million. The firm’s 50 day moving average price is GBX 702.86 and its 200 day moving average price is GBX 623.14.
In other John Menzies plc news, insider D J. Jenkinson sold 100,000 shares of the company’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of GBX 702 ($9.07), for a total value of £702,000 ($907,093.94). Also, insider Paul Baines purchased 3,000 shares of John Menzies plc stock in a transaction on Wednesday, April 19th. The stock was bought at an average price of GBX 668 ($8.63) per share, with a total value of £20,040 ($25,894.82).
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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