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

Johnson Service Group (LON:JSG) had its price target hoisted by Royal Bank of Canada from GBX 140 ($1.76) to GBX 155 ($1.95) in a report issued on Tuesday, MarketBeat.com reports. The firm presently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective points to a potential downside of 1.27% from the stock’s previous close.

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

Johnson Service Group Price Performance

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

Insider Activity at Johnson Service Group

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

About Johnson Service Group

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.