Investec Increases Johnson Service Group (JSG) Price Target to GBX 170

Johnson Service Group (LON:JSG) had its price target lifted by equities research analysts at Investec from GBX 160 ($2.14) to GBX 170 ($2.27) in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Investec’s price objective suggests a potential upside of 18.06% from the stock’s current price.

Shares of Johnson Service Group (LON JSG) traded up GBX 2.40 ($0.03) during midday trading on Friday, reaching GBX 144 ($1.93). The company’s stock had a trading volume of 501,735 shares, compared to its average volume of 181,950. Johnson Service Group has a 52-week low of GBX 1.35 ($0.02) and a 52-week high of GBX 151.75 ($2.03). The firm has a market cap of $526.29 and a price-to-earnings ratio of 2,400.00.

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About Johnson Service Group

Johnson Service Group PLC is a United Kingdom-based company that provides textile rental related services. The Company is the supplier of workwear and protective wear. The Company operates through Textile Rental segment. The Textile Rental segment is engaged in the supplying and laundering of workwear garments and protective wear; linen services for the hotel, restaurant and catering markets, and high volume hotel linen services.

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