Johnson Service Group (LON:JSG) Hits New 52-Week High – Should You Buy?

Johnson Service Group PLC (LON:JSG) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 162.90 and last traded at GBX 162.50, with a volume of 630079 shares trading hands. The stock had previously closed at GBX 158.

Analyst Ratings Changes

JSG has been the subject of several analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 150 price objective on shares of Johnson Service Group in a report on Friday, May 8th. Berenberg Bank reissued a “buy” rating and set a GBX 205 target price on shares of Johnson Service Group in a report on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 178.33.

Johnson Service Group Price Performance

The business has a fifty day moving average of GBX 142.76 and a 200-day moving average of GBX 139.09. The company has a current ratio of 0.93, a quick ratio of 0.80 and a debt-to-equity ratio of 61.87. The firm has a market cap of £619.91 million, a PE ratio of 17.83, a PEG ratio of 10.18 and a beta of 1.04.

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.