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

Johnson Service Group PLC (LON:JSG) shares hit 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 trading hands. The stock had previously closed at GBX 164.50.

Analyst Ratings Changes

JSG has been the subject of several research analyst reports. Berenberg Bank reiterated a “buy” rating and set a GBX 205 target price on shares of Johnson Service Group in a research report on Wednesday, March 4th. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 150 price target on shares of Johnson Service Group in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 178.33.

Johnson Service Group Stock Down 0.2%

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

About Johnson Service Group

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.