John Menzies (MNZS) Earns Buy Rating from Peel Hunt

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Peel Hunt restated their buy rating on shares of John Menzies (LON:MNZS) in a research note issued to investors on Friday.

Several other equities research analysts also recently weighed in on MNZS. Berenberg Bank restated a buy rating and set a GBX 800 ($10.45) price target on shares of John Menzies in a report on Tuesday, August 14th. Numis Securities restated a buy rating and set a GBX 790 ($10.32) price target on shares of John Menzies in a report on Tuesday, September 4th.

MNZS traded up GBX 13 ($0.17) during mid-day trading on Friday, hitting GBX 513 ($6.70). 9,399 shares of the stock were exchanged, compared to its average volume of 44,530. John Menzies has a 1-year low of GBX 607 ($7.93) and a 1-year high of GBX 750 ($9.80).

In related news, insider Dermot F. Smurfit purchased 20,000 shares of the business’s stock in a transaction on Thursday, November 8th. The shares were bought at an average price of GBX 515 ($6.73) per share, for a total transaction of £103,000 ($134,587.74). Also, insider Philipp Joeinig purchased 305 shares of the business’s stock in a transaction on Wednesday, September 26th. The shares were bought at an average price of GBX 553 ($7.23) per share, for a total transaction of £1,686.65 ($2,203.91). In the last 90 days, insiders have acquired 22,020 shares of company stock worth $11,470,225.

About John Menzies

John Menzies plc provides distribution and aviation services in the United Kingdom, the United States, and internationally. It operates through two segments, Distribution and Aviation. The Distribution segment offers newspaper and magazine distribution services. This segment also provides marketing and logistics services.

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