Johnson Service Group (LON:JSG) Stock Gets Price Target Reduction from Deutsche Bank Aktiengesellschaft

Johnson Service Group (LON:JSG) had its price objective lowered by Deutsche Bank Aktiengesellschaft from GBX 210 to GBX 200 in a research report report published on Monday morning, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

Several other brokerages also recently issued reports on JSG. Peel Hunt reissued a “buy” rating and issued a GBX 178 price objective on shares of Johnson Service Group in a research note on Monday, July 13th. Berenberg Bank dropped their target price on Johnson Service Group from GBX 205 to GBX 200 and set a “buy” rating for the company in a research report on Wednesday, September 9th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 182.

Johnson Service Group Price Performance

Johnson Service Group stock opened at GBX 137.80 on Monday. The firm has a 50-day moving average price of GBX 140.68 and a 200-day moving average price of GBX 143.48. The firm has a market capitalization of £492.21 million, a PE ratio of 14.51, a price-to-earnings-growth ratio of 10.18 and a beta of 1.03. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 72.41. Johnson Service Group has a 12-month low of GBX 123.80 and a 12-month high of GBX 172.10.

Johnson Service Group (LON:JSG) last released its quarterly earnings results on Tuesday, September 8th. The company reported GBX 5 EPS for the quarter. Johnson Service Group had a net margin of 6.98% and a return on equity of 13.74%.

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.