Johnson Service Group (LON:JSG) Hits New 1-Year High – Still a Buy?

Johnson Service Group PLC (LON:JSG)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 161 and last traded at GBX 156.80, with a volume of 245998 shares trading hands. The stock had previously closed at GBX 157.20.

Analyst Ratings Changes

A number of research firms have weighed in on JSG. Berenberg Bank restated a “buy” rating and issued a GBX 205 price target on shares of Johnson Service Group in a research note on Wednesday, March 4th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 150 price target on shares of Johnson Service Group in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 178.33.

Johnson Service Group Stock Performance

The company has a debt-to-equity ratio of 61.87, a current ratio of 0.93 and a quick ratio of 0.80. The company has a market capitalization of £587.40 million, a price-to-earnings ratio of 16.89, a PEG ratio of 10.18 and a beta of 1.04. The stock has a 50 day simple moving average of GBX 140.41 and a two-hundred day simple moving average of GBX 138.46.

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.