Johnson Service Group (LON:JSG) Price Target Cut to GBX 155

Johnson Service Group (LON:JSGGet Rating) had its price target decreased by equities researchers at Berenberg Bank from GBX 180 ($2.19) to GBX 155 ($1.89) in a note issued to investors on Tuesday, Marketbeat reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 33.62% from the stock’s previous close.

Separately, Royal Bank of Canada reissued a “sector perform” rating and set a GBX 105 ($1.28) target price on shares of Johnson Service Group in a research note on Friday, January 13th.

Johnson Service Group Trading Down 2.4 %

JSG opened at GBX 116 ($1.41) on Tuesday. Johnson Service Group has a 52 week low of GBX 69 ($0.84) and a 52 week high of GBX 126.20 ($1.54). The business has a fifty day simple moving average of GBX 109.76 and a 200-day simple moving average of GBX 98.45. The firm has a market cap of £502.12 million, a P/E ratio of 2,320.00, a P/E/G ratio of 10.18 and a beta of 1.76. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 19.15.

Insiders Place Their Bets

In other Johnson Service Group news, insider Peter Egan purchased 25,000 shares of the firm’s stock in a transaction on Tuesday, March 7th. The stock was bought at an average cost of GBX 117 ($1.43) per share, with a total value of £29,250 ($35,648.99). 1.04% of the stock is owned by company insiders.

Johnson Service Group Company Profile

(Get Rating)

Johnson Service Group PLC, together with its subsidiaries, provides textile rental and related services in the United Kingdom. The company operates through two segments, Workwear; and Hotel, Restaurants and Catering. The Workwear segment supplies workwear garments and protective wear, and workplace hygiene services under the Johnsons Workwear brands, as well as provides laundering services.

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