Berenberg Bank Reiterates "Buy" Rating for Johnson Service Group (LON:JSG)

Johnson Service Group (LON:JSG - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at Berenberg Bank in a report issued on Thursday, Marketbeat.com reports. They presently have a GBX 195 ($2.62) target price on the stock. Berenberg Bank's price target would suggest a potential upside of 34.67% from the company's current price.

Johnson Service Group Trading Up 0.3%

Shares of JSG traded up GBX 0.40 ($0.01) during midday trading on Thursday, hitting GBX 144.80 ($1.94). The stock had a trading volume of 5,455,083 shares, compared to its average volume of 2,313,802. Johnson Service Group has a 1 year low of GBX 118.60 ($1.59) and a 1 year high of GBX 165 ($2.22). The firm has a market cap of £600.84 million, a PE ratio of 19.30, a price-to-earnings-growth 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 stock's 50 day moving average is GBX 146.29 and its 200 day moving average is GBX 138.50.

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.