Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Johnson Service Group (LON:JSG) Stock Price

Johnson Service Group (LON:JSG) had its price objective dropped by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 210 to GBX 200 in a report released on Monday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 41.94% from the company’s current price.

Several other analysts also recently weighed in on the company. Berenberg Bank decreased their price objective on Johnson Service Group from GBX 205 to GBX 200 and set a “buy” rating for the company in a report on Wednesday, September 9th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 178 price objective on shares of Johnson Service Group in a research note on Monday, July 13th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 182.

Johnson Service Group Trading Up 1.8%

Shares of LON JSG opened at GBX 140.90 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 72.41. The business has a fifty day simple moving average of GBX 140.95 and a two-hundred day simple moving average of GBX 143.42. The firm has a market cap of £503.28 million, a PE ratio of 14.83, a price-to-earnings-growth ratio of 10.18 and a beta of 1.03. Johnson Service Group has a twelve month low of GBX 123.80 and a twelve month high of GBX 172.10.

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

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.