John Menzies’ (MNZS) “Buy” Rating Reaffirmed at Numis Securities

John Menzies (LON:MNZS)‘s stock had its “buy” rating reiterated by Numis Securities in a report issued on Tuesday. They currently have a GBX 860 ($11.88) price target on the stock. Numis Securities’ target price would indicate a potential upside of 27.79% from the stock’s current price.

A number of other brokerages have also issued reports on MNZS. Peel Hunt upgraded shares of John Menzies to a “buy” rating and raised their target price for the stock from GBX 758 ($10.47) to GBX 809 ($11.18) in a research report on Tuesday, January 23rd. Shore Capital restated a “buy” rating on shares of John Menzies in a research report on Thursday, November 23rd.

Shares of John Menzies (LON:MNZS) opened at GBX 673 ($9.30) on Tuesday. John Menzies has a 1 year low of GBX 575.50 ($7.95) and a 1 year high of GBX 750 ($10.36). The stock has a market cap of $577.82 and a P/E ratio of 8,412.50.

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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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