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

Johnson Service Group PLC (LON:JSG)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 171.60 and last traded at GBX 169.10, with a volume of 1279994 shares trading hands. The stock had previously closed at GBX 170.10.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 150 target price on shares of Johnson Service Group in a research report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Johnson Service Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 178.33.

Johnson Service Group Price Performance

The business’s fifty day moving average price is GBX 149.11 and its 200-day moving average price is GBX 141.10. The company has a market capitalization of £614.97 million, a P/E ratio of 17.97, a P/E/G 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.