Berenberg Bank reiterated their buy rating on shares of John Menzies (LON:MNZS) in a report released on Tuesday, Digital Look reports. They currently have a GBX 700 ($9.15) price target on the stock.
Other equities analysts have also recently issued research reports about the stock. Peel Hunt reaffirmed a buy rating and set a GBX 748 ($9.77) price objective on shares of John Menzies in a research note on Monday. Shore Capital reaffirmed a buy rating on shares of John Menzies in a research note on Tuesday. Five analysts have rated the stock with a buy rating, The stock has an average rating of Buy and a consensus price target of GBX 746.50 ($9.75).
Shares of LON:MNZS opened at GBX 415.50 ($5.43) on Tuesday. The company has a 50 day moving average of GBX 425.19 and a 200 day moving average of GBX 481.30. The stock has a market cap of $350.14 million and a P/E ratio of -61.10. John Menzies has a 12 month low of GBX 353.50 ($4.62) and a 12 month high of GBX 650 ($8.49). The company has a current ratio of 1.15, a quick ratio of 1.09 and a debt-to-equity ratio of 275.62.
The company also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 17th will be paid a dividend of GBX 6 ($0.08) per share. The ex-dividend date is Thursday, October 17th. This represents a yield of 1.52%. John Menzies’s dividend payout ratio is currently -2.94%.
In other news, insider John Geddes acquired 4,869 shares of John Menzies stock in a transaction that occurred on Friday, July 5th. The stock was bought 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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