Johnson Service Group (LON:JSG) Shares Down 14.1% – Should You Sell?

Shares of Johnson Service Group PLC (LON:JSG) fell 14.1% during trading on Friday . The stock traded as low as GBX 136 and last traded at GBX 142.70. 6,418,579 shares were traded during mid-day trading, an increase of 4% from the average daily volume of 6,172,641 shares. The stock had previously closed at GBX 166.20.

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 report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 178.33.

Johnson Service Group Stock Down 14.1%

The firm has a market cap of £530.73 million, a price-to-earnings ratio of 15.51, a PEG ratio of 10.18 and a beta of 1.04. The firm has a 50 day moving average of GBX 149.82 and a 200 day moving average of GBX 141.30. The company has a quick ratio of 0.80, a current ratio of 0.93 and a debt-to-equity ratio of 61.87.

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.