Trading Report: The Peel Hunt Reaffirmed “Add” Rating for John Menzies plc (MNZS)

The Peel Hunt Reaffirmed “Add” Rating for John Menzies plc (MNZS)

Peel Hunt restated their add rating on shares of John Menzies plc (LON:MNZS) in a research note published on Wednesday. They currently have a GBX 577 ($7.21) target price on the stock.

A number of other research firms also recently commented on MNZS. Numis Securities Ltd downgraded shares of John Menzies plc to an add rating and increased their price objective for the company from GBX 600 ($7.50) to GBX 680 ($8.50) in a research note on Tuesday, August 16th. N+1 Singer reiterated a hold rating and set a GBX 625 ($7.81) price objective on shares of John Menzies plc in a research note on Friday, September 16th.

Shares of John Menzies plc (LON:MNZS) opened at 519.50 on Wednesday. John Menzies plc has a 12-month low of GBX 318.28 and a 12-month high of GBX 560.31. The stock’s market cap is GBX 318.45 million. The company’s 50-day moving average is GBX 507.52 and its 200-day moving average is GBX 549.90.

In other John Menzies plc news, insider Geoff Eaton bought 4,000 shares of the company’s stock in a transaction on Monday, November 14th. The shares were bought at an average cost of GBX 495 ($6.18) per share, with a total value of £19,800 ($24,737.63).

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