Johnson Service Group (LON:JSG) Sets New 12-Month High – Here’s Why

Johnson Service Group PLC (LON:JSGGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 169.40 and last traded at GBX 164.80, with a volume of 21428391 shares changing hands. The stock had previously closed at GBX 164.50.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on JSG. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 150 target price on shares of Johnson Service Group in a report on Friday, May 8th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 205 price target on shares of Johnson Service Group in a research note on Wednesday, March 4th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 178.33.

Check Out Our Latest Stock Analysis on JSG

Johnson Service Group Stock Down 0.2%

The company has a debt-to-equity ratio of 61.87, a current ratio of 0.93 and a quick ratio of 0.80. The stock has a market capitalization of £621.42 million, a PE ratio of 17.87, a PEG ratio of 10.18 and a beta of 1.04. The company has a 50 day moving average price of GBX 144.98 and a 200-day moving average price of GBX 139.80.

Johnson Service Group Company Profile

(Get Free Report)

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.

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