John Menzies (MNZS) Given Add Rating at Peel Hunt

John Menzies (LON:MNZS)‘s stock had its “add” rating reissued by investment analysts at Peel Hunt in a report released on Friday. They presently have a GBX 758 ($10.14) price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 10.98% from the stock’s previous close.

MNZS has been the topic of several other research reports. Shore Capital reissued a “buy” rating on shares of John Menzies in a research report on Thursday, November 23rd. Numis Securities reaffirmed a “buy” rating and set a GBX 860 ($11.50) target price on shares of John Menzies in a report on Thursday, November 23rd.

John Menzies (LON:MNZS) traded up GBX 3 ($0.04) during midday trading on Friday, hitting GBX 683 ($9.13). 12,979 shares of the stock traded hands, compared to its average volume of 31,496. John Menzies has a one year low of GBX 570 ($7.62) and a one year high of GBX 750 ($10.03). The company has a market capitalization of $569.82 and a price-to-earnings ratio of 8,537.50.

In other news, insider Forsyth Black bought 732 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average price of GBX 437 ($5.84) per share, with a total value of £3,198.84 ($4,277.10).

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About John Menzies

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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