John Menzies plc (MNZS) Insider Philipp Joeinig Buys 20,000 Shares
John Menzies plc (LON:MNZS) insider Philipp Joeinig bought 20,000 shares of the business’s stock in a transaction on Friday, August 25th. The shares were purchased at an average cost of GBX 700 ($9.05) per share, for a total transaction of £140,000 ($181,065.70).
John Menzies plc (LON:MNZS) opened at 720.00 on Tuesday. John Menzies plc has a 12-month low of GBX 459.63 and a 12-month high of GBX 732.00. The stock’s 50 day moving average is GBX 702.26 and its 200 day moving average is GBX 674.35. The stock’s market capitalization is GBX 600.48 million.
The firm also recently disclosed a dividend, which will be paid on Friday, November 17th. Shareholders of record on Thursday, October 19th will be issued a dividend of GBX 6 ($0.08) per share. The ex-dividend date is Thursday, October 19th. This represents a yield of 0.83%.
TRADEMARK VIOLATION WARNING: “John Menzies plc (MNZS) Insider Philipp Joeinig Buys 20,000 Shares” was reported by American Banking News and is the property of of American Banking News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.americanbankingnews.com/2017/08/29/john-menzies-plc-mnzs-insider-philipp-joeinig-buys-20000-shares.html.
Several analysts have issued reports on the stock. Berenberg Bank boosted their target price on shares of John Menzies plc from GBX 700 ($9.05) to GBX 800 ($10.35) and gave the company a “buy” rating in a research note on Thursday, August 24th. Numis Securities Ltd reissued a “buy” rating and set a GBX 860 ($11.12) target price on shares of John Menzies plc in a research note on Tuesday, August 15th. Peel Hunt reissued an “add” rating and set a GBX 758 ($9.80) target price on shares of John Menzies plc in a research note on Monday, August 14th. Finally, Shore Capital reissued a “house stock” rating on shares of John Menzies plc in a research note on Friday, June 9th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 760.75 ($9.84).
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.
Receive News & Ratings for John Menzies plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Menzies plc and related companies with MarketBeat.com's FREE daily email newsletter.