Johnson Service Group (LON:JSG) Reaches New 12-Month High – Here’s What Happened

Johnson Service Group PLC (LON:JSG)’s share price reached a new 52-week high on Thursday . The company traded as high as GBX 162.90 and last traded at GBX 162.50, with a volume of 630079 shares. The stock had previously closed at GBX 158.

Analysts Set New Price Targets

Several research firms have issued reports on JSG. Berenberg Bank reiterated a “buy” rating and issued a GBX 205 target price on shares of Johnson Service Group in a research note on Wednesday, March 4th. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 150 price target on shares of Johnson Service Group in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Johnson Service Group presently has an average rating of “Moderate Buy” and an average target price of GBX 178.33.

Johnson Service Group Trading Up 3.8%

The firm has a fifty day simple moving average of GBX 142.76 and a two-hundred day simple moving average of GBX 139.09. The stock has a market cap of £619.91 million, a PE ratio of 17.83, a PEG ratio of 10.18 and a beta of 1.04. The company has a current ratio of 0.93, a quick ratio of 0.80 and a debt-to-equity ratio of 61.87.

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.