Johnson Service Group (LON:JSG) Receives "Buy" Rating from Berenberg Bank

Key Points

• Johnson Service Group's stock received a "Buy" rating from Berenberg Bank with a price target of GBX 195, suggesting a potential upside of 33.20%.
• Royal Bank Of Canada raised its price target to GBX 160, assigning a "sector perform" rating, with the consensus target price now at GBX 177.50.
• The company's net margin stands at 6.29% and the return on equity is 10.95%, indicating financial stability.

Johnson Service Group (LON:JSG - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Berenberg Bank in a report issued on Friday,Digital Look reports. They currently have a GBX 195 price target on the stock. Berenberg Bank's price target would indicate a potential upside of 33.20% from the stock's current price.

Separately, Royal Bank Of Canada lifted their target price on Johnson Service Group from GBX 155 to GBX 160 and gave the stock a "sector perform" rating in a research report on Wednesday, September 3rd. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of GBX 177.50.

Johnson Service Group Stock Up 2.1%

JSG stock opened at GBX 146.40 on Friday. The stock has a market cap of £579.75 million, a P/E ratio of 1,682.76, a PEG ratio of 10.18 and a beta of 1.80. The company has a current ratio of 1.00, a quick ratio of 0.80 and a debt-to-equity ratio of 44.23. Johnson Service Group has a twelve month low of GBX 118.60 and a twelve month high of GBX 163. The company's 50 day moving average is GBX 143.17 and its two-hundred day moving average is GBX 141.42.

Johnson Service Group (LON:JSG - Get Free Report) last posted its earnings results on Tuesday, September 2nd. The company reported GBX 4.60 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.

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