John Menzies (LON:MNZS) Rating Reiterated by Shore Capital
Shore Capital reaffirmed their buy rating on shares of John Menzies (LON:MNZS) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.
Several other research firms have also recently weighed in on MNZS. Peel Hunt restated a buy rating and issued a GBX 748 ($9.77) price objective on shares of John Menzies in a research report on Monday. Berenberg Bank dropped their price objective 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 report on Friday, July 5th. Five equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and a consensus target price of GBX 746.50 ($9.75).
MNZS stock opened at GBX 415.50 ($5.43) on Tuesday. The company has a debt-to-equity ratio of 275.62, a current ratio of 1.15 and a quick ratio of 1.09. The company has a 50 day moving average price of GBX 425.19 and a 200 day moving average price of GBX 481.30. 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 stock has a market capitalization of $350.14 million and a PE ratio of -61.10.
In other John Menzies news, insider John Geddes bought 4,869 shares of the stock in a transaction on Friday, July 5th. The stock was purchased at an average price of GBX 395 ($5.16) per share, with a total value of £19,232.55 ($25,130.73).
John Menzies Company Profile
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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