Johnson Service Group's (JSG) "Buy" Rating Reaffirmed at Peel Hunt

Key Points

• Johnson Service Group's stock received a "buy" rating from Peel Hunt, with a price target of GBX 180, indicating a potential upside of 19.68% from its current price.
• The company's stock has a consensus rating of "Moderate Buy" with an average target price of GBX 178.33 from various analysts.
• Johnson Service Group recently reported an EPS of GBX 4.60 for the quarter, with a return on equity of 10.95% and a net margin of 6.29%.

Johnson Service Group (LON:JSG - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at Peel Hunt in a note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 180 price target on the stock. Peel Hunt's target price suggests a potential upside of 19.68% from the company's current price.

JSG has been the subject of a number of other research reports. Royal Bank Of Canada boosted their price objective on Johnson Service Group from GBX 155 to GBX 160 and gave the company a "sector perform" rating in a report on Wednesday, September 3rd. Berenberg Bank reaffirmed a "buy" rating and set a GBX 195 target price on shares of Johnson Service Group in a report on Friday, September 26th. Two investment 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 has a consensus rating of "Moderate Buy" and an average target price of GBX 178.33.

Johnson Service Group Stock Performance

JSG stock traded up GBX 0.40 during trading on Wednesday, reaching GBX 150.40. The stock had a trading volume of 1,844,439 shares, compared to its average volume of 2,511,273. Johnson Service Group has a 52 week low of GBX 118.60 and a 52 week high of GBX 163. The stock's 50 day moving average is GBX 143.73 and its two-hundred day moving average is GBX 141.74. The company has a current ratio of 1.00, a quick ratio of 0.80 and a debt-to-equity ratio of 44.23. The firm has a market cap of £595.59 million, a PE ratio of 1,728.74, a PEG ratio of 10.18 and a beta of 1.80.

Johnson Service Group (LON:JSG - Get Free Report) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported GBX 4.60 EPS for the quarter. Johnson Service Group had a return on equity of 10.95% and a net margin of 6.29%.

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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