Johnson Service Group (LON:JSG) PT Raised to GBX 155

Johnson Service Group (LON:JSG) had its price objective increased by equities research analysts at Royal Bank of Canada from GBX 140 ($1.76) to GBX 155 ($1.95) in a report issued on Tuesday, Marketbeat Ratings reports. The firm currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price target suggests a potential downside of 1.27% from the company’s current price.

Separately, Berenberg Bank boosted their price target on Johnson Service Group from GBX 170 ($2.14) to GBX 185 ($2.32) and gave the stock a “buy” rating in a report on Wednesday, May 1st.

Johnson Service Group Price Performance

Johnson Service Group stock opened at GBX 157 ($1.97) on Tuesday. The company has a debt-to-equity ratio of 41.03, a quick ratio of 0.80 and a current ratio of 0.88. Johnson Service Group has a 52 week low of GBX 99 ($1.24) and a 52 week high of GBX 159.80 ($2.01). The stock has a market capitalization of £650.64 million, a P/E ratio of 2,616.67, a price-to-earnings-growth ratio of 10.18 and a beta of 1.65. The stock has a fifty day moving average of GBX 130.93 and a 200-day moving average of GBX 135.16.

Insiders Place Their Bets

In other news, insider Peter Egan bought 65,000 shares of the stock in a transaction on Tuesday, March 5th. The stock was acquired at an average price of GBX 137 ($1.72) per share, with a total value of £89,050 ($111,871.86). Insiders own 1.83% of the company’s stock.

Johnson Service Group Company Profile

Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom and Ireland. It operates in two segments, Workwear; and Hotel, Restaurants and Catering. The Workwear segment offers workwear and protective wear rental; and workplace hygiene services under the Johnsons Workwear brands, as well as provides laundry services.