Johnson Service Group (LON:JSG) Price Target Cut to GBX 200 by Analysts at Berenberg Bank

Johnson Service Group (LON:JSG) had its target price lowered by equities research analysts at Berenberg Bank from GBX 205 to GBX 200 in a research note issued on Wednesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 49.14% from the stock’s previous close.

Separately, Peel Hunt restated a “buy” rating and set a GBX 178 price objective on shares of Johnson Service Group in a research report on Monday, July 13th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 176.

Johnson Service Group Price Performance

JSG opened at GBX 134.10 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 0.93 and a debt-to-equity ratio of 61.87. The company’s 50-day moving average price is GBX 149.57 and its 200 day moving average price is GBX 143.28. Johnson Service Group has a fifty-two week low of GBX 123.80 and a fifty-two week high of GBX 172.10. The firm has a market cap of £484.45 million, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 10.18 and a beta of 1.03.

Johnson Service Group (LON:JSG) last issued its earnings results on Tuesday, September 8th. The company reported GBX 5 EPS for the quarter. Johnson Service Group had a return on equity of 13.04% and a net margin of 6.93%.

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.