Johnson Service Group’s (JSG) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Johnson Service Group (LON:JSG) in a research report released on Friday, Marketbeat Ratings reports. The brokerage currently has a GBX 195 price objective on the stock.

Separately, Royal Bank Of Canada raised their price target on shares of Johnson Service Group from GBX 155 to GBX 160 and gave the company a “sector perform” rating in a research note on Wednesday, September 3rd. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Johnson Service Group has a consensus rating of “Moderate Buy” and an average price target of GBX 177.50.

Johnson Service Group Price Performance

Shares of LON:JSG opened at GBX 148.40 on Friday. The company has a market cap of £587.67 million, a price-to-earnings ratio of 1,705.75, a PEG ratio of 10.18 and a beta of 1.80. The company has a debt-to-equity ratio of 44.23, a current ratio of 1.00 and a quick ratio of 0.80. The firm has a 50 day simple moving average of GBX 143.32 and a 200 day simple moving average of GBX 141.61. Johnson Service Group has a one year low of GBX 118.60 and a one year high of GBX 163.

Johnson Service Group (LON:JSG) last released its quarterly earnings results on Tuesday, September 2nd. The company reported GBX 4.60 earnings per share (EPS) for the quarter. Johnson Service Group had a net margin of 6.29% and a return on equity of 10.95%.

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.