John Menzies (LON:MNZS) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt restated their buy rating on shares of John Menzies (LON:MNZS) in a research note published on Monday, Digital Look reports. Peel Hunt currently has a GBX 748 ($9.77) price objective on the stock.

MNZS has been the subject of a number of other research reports. Berenberg Bank decreased their target price on shares of John Menzies from GBX 800 ($10.45) to GBX 700 ($9.15) and set a buy rating for the company in a research note on Friday, July 5th. Shore Capital reaffirmed a buy rating on shares of John Menzies in a research note on Friday, July 12th. Five research analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and an average price target of GBX 746.50 ($9.75).

Shares of LON MNZS opened at GBX 417.50 ($5.46) on Monday. John Menzies has a fifty-two week low of GBX 353.50 ($4.62) and a fifty-two week high of GBX 650 ($8.49). The company has a 50 day simple moving average of GBX 425.19 and a two-hundred day simple moving average of GBX 481.30. The company has a market capitalization of $351.83 million and a price-to-earnings ratio of -61.40. The company has a debt-to-equity ratio of 275.62, a quick ratio of 1.09 and a current ratio of 1.15.

The firm also recently announced a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 17th will be paid a dividend of GBX 6 ($0.08) per share. This represents a dividend yield of 1.52%. The ex-dividend date is Thursday, October 17th. John Menzies’s dividend payout ratio is -2.94%.

In other John Menzies news, insider John Geddes bought 4,869 shares of the firm’s stock in a transaction on Friday, July 5th. The stock was acquired at an average price of GBX 395 ($5.16) per share, with a total value of £19,232.55 ($25,130.73).

About John Menzies

John Menzies plc provides distribution and aviation services in the United Kingdom, the United States, and internationally. The Distribution segment offers newspaper and magazine distribution services. This segment also provides marketing and logistics services. The Aviation segment offers ground handling and cargo services; cargo forwarding services; and fuelling and fuel farm management services.

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Analyst Recommendations for John Menzies (LON:MNZS)

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