Johnson Service Group (LON:JSG) Sets New 12-Month High – Still a Buy?

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

Analyst Ratings Changes

Separately, Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 150 price target on shares of Johnson Service Group in a research note 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 178.33.

Johnson Service Group Price Performance

The company has a quick ratio of 0.80, a current ratio of 0.93 and a debt-to-equity ratio of 61.87. The company’s fifty day moving average price is GBX 147.66 and its 200 day moving average price is GBX 140.70. The company has a market capitalization of £639.94 million, a P/E ratio of 18.40, a PEG ratio of 10.18 and a beta of 1.04.

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.