John Menzies (MNZS) Earns “Buy” Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of John Menzies (LON:MNZS) in a research note issued to investors on Tuesday. Peel Hunt currently has a GBX 809 ($11.36) target price on the stock.

Several other research firms also recently weighed in on MNZS. Shore Capital restated a buy rating on shares of John Menzies in a report on Thursday, November 23rd. Numis Securities reaffirmed a buy rating and set a GBX 860 ($12.08) price target on shares of John Menzies in a research note on Thursday, November 23rd.

John Menzies (MNZS) opened at GBX 680 ($9.55) on Tuesday. John Menzies has a twelve month low of GBX 570 ($8.00) and a twelve month high of GBX 750 ($10.53). The firm has a market cap of $569.26 and a PE ratio of 8,500.00.

In other news, insider Forsyth Black purchased 732 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were bought at an average cost of GBX 437 ($6.14) per share, with a total value of £3,198.84 ($4,492.12).

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John Menzies Company Profile

John Menzies plc provides time-critical logistics and support services. 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.

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