John Menzies plc 45.0% potential upside indicated by Berenberg Bank

John Menzies plc with ticker (LON:MNZS) now has a potential upside of 45.0% according to Berenberg Bank.



Berenberg Bank set a target price of 500 GBX for the company, which when compared to the John Menzies plc share price of 275 GBX at opening today (02/12/2021) indicates a potential upside of 45.0%. Trading has ranged between 188 (52 week low) and 366 (52 week high) with an average of 312,152 shares exchanging hands daily. The market capitalisation at the time of writing is £254,096,532.

John Menzies plc provides time-critical logistics and support services. The Company provides cargo and passenger ground handling services across the world. It provide services to the international airline sector and, within the United Kingdom, to the travel and parcel markets. The Company specializes in Ground handling, Cargo handling, Fuelling and Logistics. Operating under the ASIG brand, its business supports airline customers by offering into-plane fuelling services at approximately 70 locations. Its fuelling business also manages approximately 60 fuel farms. The Cargo handling business offers access to warehousing and trucking facilities, which conveys consignments to the next step in the supply chain.