Johnson Service Group (LON:JSG) Given New GBX 205 Price Target at Berenberg Bank

Johnson Service Group (LON:JSG) had its target price increased by equities researchers at Berenberg Bank from GBX 195 to GBX 205 in a research report issued on Monday,Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 42.36% from the stock’s previous close.

Separately, Peel Hunt restated a “buy” rating and issued a GBX 180 price objective on shares of Johnson Service Group in a research note on Wednesday, October 1st. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Johnson Service Group presently has an average rating of “Moderate Buy” and a consensus price target of GBX 181.67.

Johnson Service Group Stock Performance

JSG stock traded up GBX 2.40 during midday trading on Monday, reaching GBX 144. The stock had a trading volume of 1,023,892 shares, compared to its average volume of 1,677,594. The firm has a fifty day simple moving average of GBX 136.92 and a two-hundred day simple moving average of GBX 141.06. Johnson Service Group has a 52-week low of GBX 118.60 and a 52-week high of GBX 160.20. The company has a debt-to-equity ratio of 44.23, a quick ratio of 0.80 and a current ratio of 1.00. The stock has a market cap of £544.74 million, a PE ratio of 16.55, a P/E/G ratio of 10.18 and a beta of 1.80.

Johnson Service Group Company Profile

Johnson Service Group provides high quality textile rental and related services across a range of sectors throughout the UK.

Our family of high quality businesses includes “Johnsons Workwear”, “Johnsons Hotel Linen”, “Johnsons Hotel, Restaurant & Catering Linen” and “Johnsons Restaurant & Catering Linen”, each of which provides a high-quality and reliable service combined with outstanding customer care.

Across our entire family, our priorities are always clear and everything we do centres on the core values of Johnson Service Group – quality, reliability and service.

A strategy to consistently create value for shareholders, deliver outstanding customer service and offer fulfilling careers to employees lies at the heart of our business.