The John Menzies plc (MNZS) Stock Rating Upgraded by Peel Hunt

The John Menzies plc (MNZS) Stock Rating Upgraded by Peel Hunt

John Menzies plc (LON:MNZS) was upgraded by equities research analysts at Peel Hunt to an “add” rating in a research note issued on Thursday. The firm presently has a GBX 649 ($8.47) target price on the stock, up from their prior target price of GBX 595 ($7.77). Peel Hunt’s target price indicates a potential upside of 5.27% from the company’s current price.

MNZS has been the topic of several other research reports. Shore Capital reiterated a “house stock” rating on shares of John Menzies plc in a research note on Tuesday, July 19th. N+1 Singer restated a “hold” rating and set a GBX 625 ($8.16) target price on shares of John Menzies plc in a research report on Friday, September 16th. Finally, Numis Securities Ltd downgraded John Menzies plc to an “add” rating and increased their target price for the stock from GBX 600 ($7.83) to GBX 680 ($8.88) in a research report on Tuesday, August 16th.

Shares of John Menzies plc (LON:MNZS) opened at 610.50 on Thursday. The company’s 50 day moving average price is GBX 597.43 and its 200 day moving average price is GBX 547.00. The firm’s market cap is GBX 374.23 million. John Menzies plc has a 12-month low of GBX 357.50 and a 12-month high of GBX 634.20.

The business also recently announced a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, October 6th will be given a dividend of GBX 5.40 ($0.07) per share. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 0.89%.

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