Johnson Service Group (LON:JSG) Stock Price Up 0.7% – Here’s What Happened

Shares of Johnson Service Group PLC (LON:JSG) rose 0.7% during mid-day trading on Tuesday. The stock traded as high as GBX 150 and last traded at GBX 147.50. Approximately 308,684 shares were traded during trading, a decline of 94% from the average session volume of 4,786,069 shares. The stock had previously closed at GBX 146.50.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Berenberg Bank decreased their target price on Johnson Service Group from GBX 205 to GBX 200 and set a “buy” rating on the stock in a research report on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft lowered their target price on Johnson Service Group from GBX 210 to GBX 200 and set a “buy” rating on the stock in a research note on Monday, October 12th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 178 price target on shares of Johnson Service Group in a report on Monday, July 13th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 182.

Johnson Service Group Stock Up 0.7%

The stock has a fifty day moving average price of GBX 140.44 and a two-hundred day moving average price of GBX 142.58. The company has a market cap of £514.87 million, a price-to-earnings ratio of 15.53, a P/E/G ratio of 10.18 and a beta of 1.03. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 72.41.

Johnson Service Group (LON:JSG) last released its quarterly earnings results on Tuesday, September 8th. The company reported GBX 5 EPS for the quarter. Johnson Service Group had a net margin of 6.98% and a return on equity of 13.74%.

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.