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

Johnson Service Group (LON:JSG) had its target price hoisted by Deutsche Bank Aktiengesellschaft from GBX 200 ($2.63) to GBX 205 ($2.70) in a research report sent to investors on Wednesday morning, MarketBeat reports. They currently have a buy rating on the stock.

Separately, Royal Bank of Canada upped their price target on Johnson Service Group from GBX 140 ($1.84) to GBX 155 ($2.04) and gave the company a sector perform rating in a research report on Tuesday, May 7th.

Johnson Service Group Price Performance

Shares of LON:JSG opened at GBX 152.60 ($2.01) on Wednesday. The company has a debt-to-equity ratio of 41.03, a quick ratio of 0.80 and a current ratio of 0.88. Johnson Service Group has a 52 week low of GBX 117.20 ($1.54) and a 52 week high of GBX 172 ($2.26). The firm has a market cap of £632.53 million, a PE ratio of 2,543.33, a price-to-earnings-growth ratio of 10.18 and a beta of 1.81. The firm’s fifty day moving average is GBX 158.89 and its 200-day moving average is GBX 149.09.

Johnson Service Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 3rd will be issued a GBX 1.30 ($0.02) dividend. The ex-dividend date is Thursday, October 3rd. This represents a yield of 0.82%. Johnson Service Group’s payout ratio is 5,000.00%.

Johnson Service Group Company Profile

Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom and Ireland. It operates in two segments, Workwear; and Hotel, Restaurants and Catering. The Workwear segment offers workwear and protective wear rental; and workplace hygiene services under the Johnsons Workwear brands, as well as provides laundry services.