John Menzies (LON:MNZS) Rating Reiterated by Peel Hunt

Peel Hunt reissued their buy rating on shares of John Menzies (LON:MNZS) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

Several other equities analysts have also recently commented on MNZS. Peel Hunt reissued a buy rating and set a GBX 748 ($9.77) target price on shares of John Menzies in a research note on Thursday, August 22nd. Berenberg Bank reissued a buy rating and set a GBX 700 ($9.15) target price on shares of John Menzies in a research note on Tuesday, August 13th. Finally, Shore Capital reissued a buy rating on shares of John Menzies in a research note on Tuesday, October 1st.

John Menzies stock opened at GBX 402 ($5.25) on Monday. The stock has a market cap of $338.77 million and a price-to-earnings ratio of -670.00. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 601.17. The company’s 50-day moving average price is GBX 396.70 and its two-hundred day moving average price is GBX 441.01. John Menzies has a 52 week low of GBX 353.50 ($4.62) and a 52 week high of GBX 575 ($7.51).

The business also recently announced a dividend, which will be paid on Friday, November 15th. Shareholders 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 payout ratio is -33.33%.

About John Menzies

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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