Johnson Service Group (LON:JSG) Hits New 1-Year High – Time to Buy?

Johnson Service Group PLC (LON:JSG) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 169.40 and last traded at GBX 164.80, with a volume of 21428391 shares traded. The stock had previously closed at GBX 164.50.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 150 price objective on shares of Johnson Service Group in a research report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 178.33.

Johnson Service Group Stock Performance

The firm has a fifty day simple moving average of GBX 146.24 and a 200 day simple moving average of GBX 140.25. The company has a current ratio of 0.93, a quick ratio of 0.80 and a debt-to-equity ratio of 61.87. The stock has a market cap of £636.92 million, a price-to-earnings ratio of 18.32, a PEG ratio of 10.18 and a beta of 1.04.

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.