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

Johnson Service Group PLC (LON:JSG)’s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 161 and last traded at GBX 156.80, with a volume of 245998 shares changing hands. The stock had previously closed at GBX 157.20.

Analysts Set New Price Targets

Several brokerages have recently weighed in on JSG. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 150 target price on shares of Johnson Service Group in a research note on Friday, May 8th. Berenberg Bank reiterated a “buy” rating and issued a GBX 205 price target on shares of Johnson Service Group in a research note on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 178.33.

Johnson Service Group Stock Down 1.1%

The firm has a market capitalization of £587.78 million, a price-to-earnings ratio of 16.90, a P/E/G ratio of 10.18 and a beta of 1.04. The stock has a 50 day moving average of GBX 139.26 and a 200 day moving average of GBX 138.22. The company has a quick ratio of 0.80, a current ratio of 0.93 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.