Johnson Service Group (LON:JSG) Stock Price Up 0.7% – Should You Buy?

Johnson Service Group PLC (LON:JSG) shares were up 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 changed hands 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.

Analysts Set New Price Targets

A number of brokerages recently commented on JSG. Berenberg Bank decreased their target price 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. Deutsche Bank decreased their price objective on shares of Johnson Service Group from GBX 210 to GBX 200 and set a “buy” rating for the company in a report on Monday, October 12th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 182.

Johnson Service Group Price Performance

The firm has a market cap of £514.91 million, a P/E ratio of 15.53, a price-to-earnings-growth ratio of 10.18 and a beta of 1.03. The company has a debt-to-equity ratio of 72.41, a current ratio of 1.02 and a quick ratio of 0.80. The firm’s 50 day moving average is GBX 140.46 and its 200 day moving average is GBX 142.59.

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

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.