Peel Hunt upgraded shares of John Menzies plc (LON:MNZS) to an add rating in a research report released on Thursday morning. They currently have GBX 649 ($8.47) target price on the stock, up from their prior target price of GBX 595 ($7.77).
Several other analysts also recently weighed in on the company. N+1 Singer reiterated a hold rating and issued a GBX 625 ($8.16) price objective on shares of John Menzies plc in a research report on Friday, September 16th. Numis Securities Ltd downgraded John Menzies plc to an add rating and upped their target price for the company from GBX 600 ($7.83) to GBX 680 ($8.88) in a report on Tuesday, August 16th. Finally, Shore Capital restated a house stock rating on shares of John Menzies plc in a report on Tuesday, July 19th.
John Menzies plc (LON:MNZS) traded down 0.88% during trading on Thursday, reaching GBX 616.50. 66,351 shares of the company’s stock were exchanged. The firm has a 50 day moving average of GBX 597.25 and a 200-day moving average of GBX 546.51. The stock’s market cap is GBX 377.91 million. John Menzies plc has a 12 month low of GBX 357.50 and a 12 month high of GBX 634.20.
The firm also recently announced a dividend, which will be paid on Friday, November 18th. Investors of record on Thursday, October 6th will be issued 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%.
John Menzies plc Company Profile
John Menzies plc provides support services in various markets. 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. The Aviation segment provides cargo and passenger ground handling services across the world.
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