What’s John Menzies plc Upside After Today’s Huge Increase?

 What's John Menzies plc Upside After Today's Huge Increase?

The stock of John Menzies plc (LON:MNZS) is a huge mover today! The stock increased 1.06% or GBX 5.5 on November 24, hitting GBX 523.5. About 24,735 shares traded hands. John Menzies plc (LON:MNZS) has risen 4.59% since April 26, 2016 and is uptrending. It has underperformed by 0.82% the S&P500.
The move comes after 5 months positive chart setup for the GBX 436.11 million company. It was reported on Nov, 24 by Barchart.com. We have GBX 565.38 PT which if reached, will make LON:MNZS worth GBX 34.89 million more.

John Menzies plc (LON:MNZS) Ratings Coverage

Out of 5 analysts covering Menzies John PLC (LON:MNZS), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Menzies John PLC has been the topic of 24 analyst reports since August 18, 2015 according to StockzIntelligence Inc. The stock of John Menzies plc (LON:MNZS) has “Hold” rating given on Tuesday, November 24 by Peel Hunt. The rating was maintained by Peel Hunt on Friday, September 2 with “Hold”. As per Tuesday, August 16, the company rating was downgraded by Numis Securities. The firm earned “Hold” rating on Thursday, April 7 by Peel Hunt. Peel Hunt maintained the shares of MNZS in a report on Monday, August 15 with “Hold” rating. As per Wednesday, January 13, the company rating was maintained by Numis Securities. The rating was maintained by N+1 Singer with “Hold” on Tuesday, November 24. The firm has “Add” rating by Peel Hunt given on Wednesday, November 23. The stock of John Menzies plc (LON:MNZS) earned “Hold” rating by Panmure Gordon on Tuesday, August 18. The rating was maintained by Peel Hunt on Wednesday, January 13 with “Hold”.

Another recent and important John Menzies plc (LON:MNZS) news was published by Bloomberg.com which published an article titled: “John Menzies’ Biggest Shareholder Supports Breakup Discussions” on May 01, 2015.

John Menzies plc provides support services in various markets. The company has a market cap of 436.11 million GBP. The Firm operates through two divisions: Distribution and Aviation. It has a 63.99 P/E ratio. 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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