Johnson Service Group (LON:JSG) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Johnson Service Group PLC (LON:JSGGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 142.92 and traded as high as GBX 153. Johnson Service Group shares last traded at GBX 151.27, with a volume of 1,895,494 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 150 price objective on shares of Johnson Service Group in a research report on Friday, May 8th. Peel Hunt reaffirmed a “buy” rating and set a GBX 178 target price on shares of Johnson Service Group in a research note on Monday, July 13th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 205 price target on shares of Johnson Service Group in a research report on Monday, July 13th. Two 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, Johnson Service Group presently has an average rating of “Moderate Buy” and a consensus target price of GBX 177.67.

Get Our Latest Stock Analysis on JSG

Johnson Service Group Stock Down 0.9%

The company has a quick ratio of 0.80, a current ratio of 0.93 and a debt-to-equity ratio of 61.87. The firm has a market cap of £541.45 million, a price-to-earnings ratio of 16.13, a price-to-earnings-growth ratio of 10.18 and a beta of 1.04. The stock’s 50 day moving average is GBX 154.27 and its 200 day moving average is GBX 143.02.

Johnson Service Group Company Profile

(Get Free Report)

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.

Further Reading

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