Peel Hunt Reiterates “Buy” Rating for Johnson Service Group (LON:JSG)

Johnson Service Group (LON:JSG)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research note issued to investors on Monday,London Stock Exchange reports. They presently have a GBX 178 price objective on the stock. Peel Hunt’s price objective suggests a potential upside of 24.56% from the stock’s current price.

JSG has been the topic of several other research reports. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 150 price target on shares of Johnson Service Group in a research report on Friday, May 8th. Berenberg Bank restated a “buy” rating and issued a GBX 205 price objective on shares of Johnson Service Group in a research report on Monday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 177.67.

Johnson Service Group Price Performance

JSG stock traded up GBX 0.20 during trading on Monday, hitting GBX 142.90. 1,084,963 shares of the stock traded hands, compared to its average volume of 6,134,388. Johnson Service Group has a one year low of GBX 123.80 and a one year high of GBX 172.10. The stock has a market cap of £531.48 million, a price-to-earnings ratio of 15.53, a P/E/G ratio of 10.18 and a beta of 1.04. The company has a 50 day simple moving average of GBX 150.10 and a 200 day simple moving average of GBX 141.35. The company has a current ratio of 0.93, a quick ratio of 0.80 and a debt-to-equity ratio of 61.87.

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.