Johnson Service Group (LON:JSG) Receives “Buy” Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Johnson Service Group (LON:JSG) in a research note released on Wednesday, MarketBeat Ratings reports. They currently have a GBX 180 price target on the stock.

A number of other equities analysts have also recently issued reports on JSG. Royal Bank Of Canada upped their target price on Johnson Service Group from GBX 155 to GBX 160 and gave the stock a “sector perform” rating in a report on Wednesday, September 3rd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 195 price objective on shares of Johnson Service Group in a research note on Friday, September 26th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 178.33.

Johnson Service Group Price Performance

Shares of LON:JSG opened at GBX 149.80 on Wednesday. Johnson Service Group has a one year low of GBX 118.60 and a one year high of GBX 163. 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 company has a market cap of £593.21 million, a price-to-earnings ratio of 1,721.84, a PEG ratio of 10.18 and a beta of 1.80. The firm has a 50 day simple moving average of GBX 144.01 and a 200 day simple moving average of GBX 141.80.

Johnson Service Group (LON:JSG) last announced 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%.

About Johnson Service Group

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.